2957 Pearl Avenue
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13 photos

$600,000

2957 Pearl Avenue
Lorain, OH 44055
Listed by Fabian Candelario · Russell Real Estate Services
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1963

About this home

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 details

MLS #
5224487
Property type
Business
Subdivision
Sheffield Land Co
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.33 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Stevan Dohanos Elementary School
0.47 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
290
Student:teacher ratio
18.1:1
District
Lorain City
Middle
Southview Middle School
1.5 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
455
Student:teacher ratio
15.7:1
District
Lorain City
High
Clearview High School
1.91 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
402
Student:teacher ratio
13.0:1
District
Clearview Local

Mortgage calculator

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Est. monthly payment
$3,763/mo
$120,000 down
$480,000 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.