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2957 Pearl Ave
Lorain, OH 44055
Retail Property For Sale

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,624 SF
Building Class
C
Year Built
1962
Price
$600,000
Price Per SF
$369.46
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.36 AC
Opportunity Zone
Yes
Parking
16 Spaces (9.85 Spaces per 1,000 SF Leased)
Frontage
167’ on Pearl Rd

About 2957 PEARL AVE , LORAIN, OH 44055

Established Neighborhood Grocery Store with the Business, Building & Land Included! Take advantage of this rare opportunity to own a long-established, successful neighborhood grocery store in the heart of Lorain! Roman’s Groceries is a true turnkey investment offering the business, building, land, and all equipment needed to continue operations from day one. Serving the community for more than 30 years, this well-known neighborhood market has built a loyal customer base and a proven history of consistent business. The store currently offers groceries, beer, wine, cigarettes, and Ohio Lottery sales, creating multiple streams of revenue. Beer, wine, tobacco, and lottery licenses are available for transfer in accordance with state regulations. Situated on a highly visible corner along Pearl Avenue, the property benefits from excellent traffic exposure and convenient customer access. The approximately 1,624 square foot retail building includes on-site parking, public utilities, central air conditioning, and natural gas forced-air heating. To ensure a smooth transition, the current owners are willing to provide training and consultation for an agreed-upon period. Financial information is available to qualified buyers upon request. Whether you’re an experienced business owner looking to expand your portfolio or an entrepreneur seeking a profitable turnkey operation, this is an exceptional opportunity to own a well-established business with real estate included.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-00-096-116-011
  • 03-00-096-116-012
Land Assessment
$7,154
Improvements Assessment
$23,580
Total Assessment
$30,734
  • Listing ID: 41209476

  • Date on Market: 7/8/2026

  • Last Updated:

  • Address: 2957 Pearl Ave, Lorain, OH 44055

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