901 Bennett St - Freestanding FOR SALE


Marion, OH 43302 | 
$449,000 USD
770-664-9999
901 Bennett St, Marion, OH for Sale
$449,000 USD
Freestanding - FOR SALE
1/4
null | 16.04% Cap Rate

901 Bennett St
Marion, OH 43302


HIGHLIGHTS

  • Lottery Commission is $2,000 per month! ATM commission is $300 per month! Check-cashing Commission is $200 per month!
  • Net profit is currently over $6,000 per month AFTER paying $4,200 in Payroll and all other expenses!
  • Store is only open 13 hours per day! Increase the hours and generate more sales!

OVERVIEW

Inside Sales are currently averaging over $43,000 per month! Lottery Commission is $2,000 per month! ATM commission is $300 per month! Check-cashing Commission is $200 per month! EBT is approved but not currently active! Significant upside potential to restore service and immediately increase sales! Sellers had a bad operating partner that did not renew the EBT license. Opportunity to add additional cooler capacity and expand high-margin cold beverage sales! Store sells substantial novelty merchandise, generating high margin sales! Net profit is currently over $6,000 per month AFTER paying $4,200 in Payroll and all other expenses! Owner-Operator can take home over $10,000 per month! Store Information: Sellers are looking to retire and move closer to extended family. Store is only open 13 hours per day! Increase the hours and generate more sales! Located in a densely populated residential area, surrounded by hundreds of single-family homes and apartment units, providing a consistent customer base! This store sits directly inside a residential neighborhood rather than relying only on pass-through highway traffic. There are 9,665 residents and 3,615 households within 1 mile, 36,164 residents and 13,090 households within 3 miles, and 48,081 residents and 16,764 households within 5 miles. The 1-mile population density is approximately 2,506 people per square mile, which is excellent for a neighborhood convenience grocery store!

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

16.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

C-Store with Property in Marion, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,014 SF

ZONING

Commercial

APN/PARCEL ID

12-3250105.500

ASK ABOUT THIS PROPERTY

Kavita PurohitRiver BrokersMore Info
770-664-9999

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Kavita PurohitRiver BrokersMore Info
770-664-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.