The narrative
A look inside SG 11703 Ohio Cleveland Akron Magdore Drive Thru and Gas Station C Store Development.
Ohio, Cleveland, Akron Area Drive Thru and Gas Station C Store Development Project, Multi-Use Property for sale $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” and call The Saleh Group at 614-500-8500 for more information and showings, or visit us online at www.salehgroup.com. Property Details SG Number: SG 11703 Business Type: Beverage Drive-Thru Business Name: SG 11703 Ohio Cleveland Akron Magdore Drive Thru and Gas Station C Store Development Listing Price: $1.60M Down Payment: To Be Determined Proposed Seller Financing: Seller to assist with financing Inventory Value: $100,000 Annual Gross Sales: Over $1.50M Annual Owner Profits: Over $400,000 Seller Discretionary Earnings: $400,000 Monthly Rent / Mortgage Payment: $4,000 Seller Competition: Seller may sign a no compete Years Seller has Owned/Operated Business: Since 2005 by the seller Reason for Selling: Investment Project # of Employees/Management: 3 FT 2 PT 1 M Hours of Operation: 8:00 to 10:00 Training Provided: 2 weeks at no cost to the buyer State: OH Country: U.S.A. Lot Size: 1.98 Acre(s) Status: active Branding: Independent Tagged Cleveland Mogadore Drive Thru Land Development Saleh Group