6505 Pearl RD Active Save Request In-Person Tour Request Virtual Tour
Parma Heights,OH 44130
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Clayton C Townes Companys Orc
MLS Listing ID 5072398
HOA Y/N No
Year Built 1990
Annual Tax Amount $3,571
Tax Year 2023
Lot Size 0.286 Acres
Acres 0.2857
Property Description
Drive-Through Beverage Store Investment Opportunity** Located on a high-traffic street in the thriving suburb of Parma
Heights Ohio, this well-established drive-through beverage store offers a unique opportunity for investors or operators
looking to expand their business portfolio. We are offering at $390k plus inventory.estimated at $35k. The business generates around $20,000 in monthly revenue, plus an additional
$2-3,000 from lottery sales, with an approximate NOI of $75,000. The sale includes both the business and the real estate,
featuring a newer roof, a 2021 asphalt update, and a full security system. With a median household income of $85,394 in
the surrounding area—above the national average—and over 15,000 vehincles that pass by each day, this is a prime
location with strong consumer demand. The property includes approximately $35,000 in inventory and a C1 and D1 liquor
license. There’s value-add potential through extended hours of operation, and adding additional revenue streams.
Currently closed before noon on weekdays and all day on Sundays, expanding the hours could significantly boost sales.
The property also includes a 2nd garage bay that is currently just used for storage, which isnt necessary since there a
HUGE under utilized basement space. This offers flexibility for future business enhancements such as delivery services,
potentially collaborating with local Airbnb hosts. HVAC was recently inspected and roof, drive electrical and hot water
tanks were all recently replaced and/or improved. Phase 1 and 2 are clear and can be provided in DD. Whether you're an
experienced owner/operator or a new investor seeking a business with growth potential, this drive-through beverage
store is a rare find in a high-demand location.
Location
State OH
County Cuyahoga
Rooms
Basement Partial
Interior
Heating Other
Cooling None
Fireplace No
Exterior
Garage Garage
Waterfront No
Water Access Desc Public
Roof Type Composition,Flat
Present Use Automotive,Mixed Use
Parking Type Garage
Building
Sewer Public Sewer
Water Public
Schools
School District Parma Csd - 1824
Others
Tax ID 472-22-005
Special Listing Condition Standard