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Ohio Cleveland Akron Magdore Drive-Thru And Gas-Station C-Store-Development

Portage County, OH, USA
Listed 106 days ago

$1,600,000 plus inventory for the Ohio, Cleveland, Akron Drive-Thru Business and Gas Station C-Store Development project. $130,000 in average merchandise sales, with much higher profit margins due to profitable wine and merchandise sales. Profitable Drive-Thru business. 1.98 acres of commercial land on a signalized hard corner. An exceptional opportunity for retail investors and developers, the property offers a prominent location with in-place income of around $4,000 per month, increasing by 3% each year, as well as future upside. The existing drive-thru tenant is secured through October 2030, providing consistent cash flow. The site also includes approximately 3/4 acre of excess land on the west end, offering potential for additional retail, self-storage, gas station, truck stop, or other commercial uses. This combination of stable income and expansion potential positions the property as a compelling investment in the growing Mogadore market. Opportunity to acquire an additional ±1.5-acre adjoining parcel along US-224. 4,608 SF building featuring a drive-thru tenant, including ±450 SF of additional leasable space offering upside for added income or future expansion. Drive-Thru operator tenant with a lease until October 2030. High-visibility signalized corner location in the Mogadore area. An additional ±0.75 acres of buildable land offers future development potential, including self-storage, retail, restaurant, service, or car wash use. Please “do not disturb employees”.

Real Estate

Real Property Included

Premises Details

4608 sqft

Support & Training

2 weeks at no cost to the buyer

Size In Square Feet

4,608

Inventory / Stock Value

$100,000

Reason for Selling

Investment Project

Financials

Asking Price
$1.6M
RevenueMost Recent Year
$1.5M
Earnings (SDE)Last Reported
$400K
Assets Value
Undisclosed
Seller Financing
Not available

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