31600 Vine Street

$175,000, .16 Acres

About This Property

AWESOME OPPORTUNITY TO TAKE OVER TURN KEY BUSINESS WITH A TRUE 51% CAP RATE RIGHT OFF THEIR 2018 TAX RETURN. BUSINESS ONLY, OWNERS RETIRING AFTER 17 YEARS AND MOVING OUT OF THE COUNTRY AND OFFERING A HUGE DISCOUNT ON PRICE. STORE OFFERS MONDAY-SUNDAY BEER AND WINE SALES, LOTTERY AND MORE. NEW COOLERS INSTALLED. LEASE IS AN OPEN ENDED LEASE WITH A GREAT LANDLORD WHO MAY BE WILLING TO SELL REAL ESTATE AS WELL. CURRENT INVENTORY SEPARATE - APPROXIMATELY 50K. SELLER WILL CONSIDER A 3 MONTH PAYMENT PLAN ON INVENTORY OR WILL OFFER 20K DISCOUNT TO PAY ALL ON DAY OF CLOSING FOR 30K. CONVENIENT LOCATION SURROUNDED BY A RESIDENTIAL NEIGHBORHOOD. CALL TODAY THIS WON'T LAST AT A 51% CAP RATE.

Essential Information

MLS® #4118947
Price$175,000
Bathrooms0.00
Acres0.16
Year Built1966
TypeCommercial Sale
Sub-TypeRetail
StatusActive Under Contract

Community Information

Address31600 Vine Street
AreaWillowick
SubdivisionBayridge
CityWillowick
CountyLake
StateOH
Zip Code44095

Additional Information

Date ListedJuly 25th, 2019
Days on Market60
HOA Fees0.00

Listing Details

Courtesy Of:CREO Real Estate Group, LLC

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Keller Williams Greater Cleveland are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2019 YES-MLS. All rights reserved.

Listing information last updated on October 23rd, 2019 at 9:46am CDT.

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