11253 Kinsman Road Newbury, OH 44065

Closed 150000

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Listed By

Agency Name: RE/MAX Revealty
Agency Phone: 440-247-3707

Shown By

Agent Name: Julie Kaszyca
Agent Phone: (330) 353-5206
Agency Title: Cutler Real Estate

Contact Julie Kaszyca About This Property

Property Description

Commercial Building & Retail Business for Sale! Great location on main road in the heart of Newbury Business district. Currently Newbury Beverage sells beer, wine, spirits, non-alcoholic beverages, snacks with Ohio Lottery & tobacco license. Large walk-in cooler. Recently paved parking area. Back attached garage is currently rented month to month. Office space is currently vacant. Long-time owner is ready to retire and looking for new owner to continue the business. Call List Agent for more info!

Property Features

Property Type: Commercial - Retail

Basement: None

Days on Market: 383

Heating: Forced Air, Gas

Lot Size: 0.42 Acres

Roof Type: Asphalt, Fiberglass, Rubber

Taxes: $2,275 / year

Year Built: 1940

Feature Descriptions

Parcel#: 23-303080

Parking: Asphalt, Attached, Garage

Parking Notes: Asphalt, Attached, Garage

Sewer: Septic Tank

Water: Well

Local Schools

School District: West Geauga Local

Demographics

Geauga County Demographic Information for

Fips

Fips Code 39055

Population

2020 to 2025 Change up 0.3%

2010 Count 93,389

2020 Count 95,397

2025 Estimate (V2025) 95,676

2020 Estimate (V2025) 95,433

Age Distribution (Years Old)

0 to 4 5.0%

5 to 17 21.1%

18 to 64 50.3%

65 and Older 23.6%

Gender

Male 50.2%

Female 49.8%

Place of Birth

Foreign 2.7%

US 97.3%

Education

High School Graduate, Age 25+ 91.8%

Bachelor's Degree or Higher, Age 25+ 40.9%

Computer and Internet use

Households with a computer 92.2%

Households with a broadband Internet subscription 88.9%

Language

English is Second Language, Age 5+ 11.6%

English is First Language, Age 5+ 88.4%

Veterans

Veterans 4,828

Income

Per Capita Income $53,583

Median Household Income $107,860

People in Poverty 5.7%

Commute

Average Work Commute Time 27 minutes

Housing

Total Housing Units 37,679

Households 35,807

Average Household Size 2.64

Owner-Occupied 87.2%

Multi-Family 5.7%

Owner-Occupied Median Value $331,100

Median selected monthly owner costs -with a mortgage $1,967

Median selected monthly owner costs -without a mortgage $746

Median gross rent $1,083

Building Permits

New Private Housing Issued 2024 219

Years at Residence

1 Year or More 92.7%

Less Than 1 Year 7.3%

Business and Employment

Private non-farm Establishments 2,816

Private non-farm Employment 31,141

Private non-farm Employment Growth down 0.8%

Nonemployer Establishments 11,468

Number of Firms 2,185

Business Production

Value of Shipments $2,875,339,000

Wholesale Trade $585,413,000

Retail Trade $1,504,254,000

Retail Sales Per Capita $10,758

Accommodation and Food Services $126,711,000

Land

Land Area 400.16 sq. miles

Population Per Square Mile 234

Source: US Census Bureau