1616 W Main StreetLouisville, OH 44641

1616 W Main StreetLouisville, OH 44641

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$1,200,000 Active
Commercial - Business MLS 5185589

Listed By

Agency Name: RE/MAX Infinity
Agency Contact: sellwithaiden@gmail.com, 330-415-7054

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

1616 W Main Street, widely known as the W Main Drive Through, presents a rare opportunity to acquire a well established, highly profitable business paired with valuable real estate in a strong, recognizable location. This turnkey operation has a proven track record and currently operates at approximately 15% net profit, making it an attractive option for both seasoned investors and owner-operators seeking dependable cash flow. The sale includes the business in its entirety, all existing inventory, the land, the building itself, as well as full rights to operate the business. This is a true all inclusive purchase, allowing a new owner to step in and continue operations without interruption. One of the most compelling aspects of this offering is the additional 3,000 square feet of vacant office space located within the building. This space is ready to be leased or repurposed and offers a clear opportunity to create an additional income stream through office tenants, retail use, or a complementary business. With minimal effort, this unused space has the potential to significantly increase overall returns and enhance the property's long-term value. The W Main Drive Through benefits from strong name recognition, consistent customer traffic, and an efficient operational model. Combined with the flexibility to expand income through leasing or business diversification, this property offers both immediate cash flow and long term upside. Whether your goal is to own a cash flowing business with real estate, diversify your investment portfolio, or capitalize on an established operation with room to grow, 1616 W Main Street stands out as a unique and compelling opportunity. Financials and additional details are available to qualified buyers upon request.

1616 W Main Street | MLS# 5185589

This commercial property located at 1616 W Main Street, Louisville, OH 44641 is currently listed for sale with an asking price of $1,200,000. W Main Street is located within the Louisville City school district. Search Louisville real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Gas
Lot Size: 0.86 Acres
Taxes: $4,529 / year
Year Built: 1972

Feature Descriptions

Parcel#: 03602773
Parking: Additional Parking, Asphalt, Drive Through

Local Schools

School District: Louisville City

Demographics

Stark County Demographic Information for 1616 W Main Street, Louisville, OH 44641
Fips
Fips Code 39151
Population
2020 to 2023 Change down 0.6%
2010 Count 375,586
2020 Count 374,853
2023 Estimate (V2023) 372,716
2020 Estimate (V2023) 374,864
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.3%
18 to 64 52.7%
65 and Older 20.7%
Gender
Male 49.0%
Female 51.0%
Place of Birth
Foreign 2.2%
US 97.8%
Education
High School Graduate, Age 25+ 92.7%
Bachelor's Degree or Higher, Age 25+ 24.1%
Computer and Internet use
Households with a computer 92.4%
Households with a broadband Internet subscription 84.8%
Language
English is Second Language, Age 5+ 3.3%
English is First Language, Age 5+ 96.7%
Veterans
Veterans 21,951
Income
Per Capita Income $34,652
Median Household Income $63,130
People in Poverty 13.2%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 167,998
Households 154,690
Average Household Size 2.37
Owner-Occupied 68.2%
Multi-Family 20.0%
Owner-Occupied Median Value $164,900
Median selected monthly owner costs -with a mortgage $1,268
Median selected monthly owner costs -without a mortgage $483
Median gross rent $838
Building Permits
New Private Housing Issued 2023 509
Years at Residence
1 Year or More 88.8%
Less Than 1 Year 11.2%
Business and Employment
Private non-farm Establishments 8,029
Private non-farm Employment 135,584
Private non-farm Employment Growth down 2.9%
Nonemployer Establishments 27,851
Number of Firms 29,680
Business Production
Value of Shipments $11,181,630,000
Wholesale Trade $3,874,927,000
Retail Trade $5,377,131,000
Retail Sales Per Capita $14,219
Accommodation and Food Services $745,822,000
Land
Land Area 575.27 sq. miles
Population Per Square Mile 653

Source: US Census Bureau