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Property Description

Real Estate with Business Opportunity. Lou’s Beer & Wine Cellar, Since 1955. Well-Maintained Commercial Building On 1 Acre. 70-Year Family Beer & 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 & 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 & 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’x50’ 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.

Features
: Gas
: Central Air
: Paved
Address Map
OH
Mahoning
Youngstown
Canfield Niles
2975
Road
44515
W81° 14' 19.6''
N41° 4' 12.2''
S
Property Details
Active
Kiko
Matthew P Kiko
3,752 Sqft
C448128
C11415
48-021-0-047.00-0
: Septic Tank
: Public
$5,262
09/06/2025 17:08:31
No
No
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2975 S Canfield Niles Road, Youngstown, Ohio

Commercial Sale For Sale

1 Sqft
Listing ID #5129873
Basic Details
Property Type : Commercial Sale
Property Sub Type : Retail
Listing Type : For Sale
Listing ID : 5129873
Year Built : 1940
Lot Area : 1 Sqft
Current Use : Retail
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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