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Commercial Real Estate for Sale at 2975 S Canfield Niles Road in Youngstown, OH

Listing data last changed 06/09/2025 - 8:10pm
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2975 S Canfield Niles Road | Youngstown

$0 | 0.0 Sq. Ft.

Real Estate with Business Opportunity. Lou\u2019s Beer \u0026 Wine Cellar, Since 1955. Well-Maintained Commercial Building On 1 Acre. 70-Year Family Beer \u0026 Wine Business, Grosses Over $1.1 Million Annually, Store Front, Walk-In Coolers, 2 Apartments, Paved Parking, and 4-Car Garage. Seller Financing Available. Liquor License. Owners Retiring, Also Selling Vacant Lot Across the Street. Austintown Twp., Mahoning County, OH. Located On Busy Route. 46 Just North of Canfield. Live Auction with Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidders on location. ONLINE BIDDING BEGINS TUESDAY, JUNE 24, 2025, at 1:00 PM, and AUCTION LIVE ON-SITE BIDDING WILL BEGIN THURSDAY, JUNE 26, 2025, at 1:00 PM. Auction #1: Excellent turnkey business opportunity with a 70-year well-established beer \u0026 wine business that has a huge customer base. Proven sales the past 4 years of over $1.1 million per year and NET profits of $225k-$280k per year. The building sits on busy Route. 46 and contains approx. 3,752 sq. ft. of space plus a two-car garage, a main floor 2-bedroom apartment, and a lower level 3-bedroom apartment. The building has been well-maintained and is ready for a new owner. Currently specializing in beer \u0026 wine, but could be expanded to include tobacco, lottery, convenience items, etc. Gas furnaces, central A/C, C1-C2 Monday-Saturday liquor license, no Sunday permit for wine. Apartments have not been leased but are very clean, just need some cosmetic updates like carpeting, etc. Public water, commercial septic system. 2 walk-in coolers, reach-in door coolers, shelving, cash register, security system. Plus, nice 30\u2019x50\u2019 4-car garage to rear and paved parking. Tremendous cash flow opportunity! Check it out! Auction #2: Vacant .35-acre lot across the street will sell separately after the building with business is sold. Austintown LSD. Note: Owner will assist new buyers for the first 30 days. The property will be open for viewing on auction day starting at 11:30 AM. MLSNow 5129873 Directions to property: 2975 S. Canfield-Niles Rd., Youngstown (Austintown), OH 44515: Take Rt. 46 north of Canfield or south of Austintown to location. Watch for signs.

MLS Listing ID: 
MLSNow 5129873
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$0
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Youngstown
Address: 
2975 S Canfield Niles Road, Youngstown, OH 44515
County: 
Mahoning
Latitude: 
41.0700420
Longitude: 
-80.7612300
Directions: 
2975 S. Canfield-Niles Rd., Youngstown (Austintown), OH 44515: Take Rt. 46 north of Canfield or south of Austintown to location. Watch for signs.
Public Remarks: 
Real Estate with Business Opportunity. Lou\u2019s Beer \u0026 Wine Cellar, Since 1955. Well-Maintained Commercial Building On 1 Acre. 70-Year Family Beer \u0026 Wine Business, Grosses Over $1.1 Million Annually, Store Front, Walk-In Coolers, 2 Apartments, Paved Parking, and 4-Car Garage. Seller Financing Available. Liquor License. Owners Retiring, Also Selling Vacant Lot Across the Street. Austintown Twp., Mahoning County, OH. Located On Busy Route. 46 Just North of Canfield. Live Auction with Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidders on location. ONLINE BIDDING BEGINS TUESDAY, JUNE 24, 2025, at 1:00 PM, and AUCTION LIVE ON-SITE BIDDING WILL BEGIN THURSDAY, JUNE 26, 2025, at 1:00 PM. Auction #1: Excellent turnkey business opportunity with a 70-year well-established beer \u0026 wine business that has a huge customer base. Proven sales the past 4 years of over $1.1 million per year and NET profits of $225k-$280k per year. The building sits on busy Route. 46 and contains approx. 3,752 sq. ft. of space plus a two-car garage, a main floor 2-bedroom apartment, and a lower level 3-bedroom apartment. The building has been well-maintained and is ready for a new owner. Currently specializing in beer \u0026 wine, but could be expanded to include tobacco, lottery, convenience items, etc. Gas furnaces, central A/C, C1-C2 Monday-Saturday liquor license, no Sunday permit for wine. Apartments have not been leased but are very clean, just need some cosmetic updates like carpeting, etc. Public water, commercial septic system. 2 walk-in coolers, reach-in door coolers, shelving, cash register, security system. Plus, nice 30\u2019x50\u2019 4-car garage to rear and paved parking. Tremendous cash flow opportunity! Check it out! Auction #2: Vacant .35-acre lot across the street will sell separately after the building with business is sold. Austintown LSD. Note: Owner will assist new buyers for the first 30 days. The property will be open for viewing on auction day starting at 11:30 AM.
Community Information
School District: 
Austintown LSD - 5001
Building Details
Details about the building on a property.
Year Built: 
1940
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1
Lot Size (Area): 
1
Lot Features
Parking Type: 
Paved
Total Parking Spaces: 
10
Public Record
Parcel Number: 
48-021-0-047.00-0
Annual Tax: 
$5,262.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Kiko

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