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    397-405 Broadway Ave Bedford, OH 44146

    Sponsored
    For Sale
    $615,000

    SINGLE_FAMILY - Bedford, OH

    Type:Retail
    Lot size:
    0.70 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 397-405 Broadway Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    812-09-003
    Parking
    31
    Parking features
    Parking Lot
    Fencing
    Fenced
    Lot size
    0.70 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1975
    Floors in Building
    1
    Number of units
    3
    Roof type
    Asphalt

    Coldwell Banker Schmidt Realty (440) 572-0220 [email protected]

    Listing agent Christopher A Frederick (216) 210-7653 License #426983

    Listing date Jan 9, 2026

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in High-Traffic Location

    This commercial property is located in a high-traffic, high-visibility location and includes ample on-site parking. The well-maintained building has benefited from over $300,000 in recent improvements, including extensive build-outs, roof replacement, and major mechanical, electrical, and plumbing updates. The property is configured as three separate retail storefronts, each with a private entrance, dedicated parking, separate utilities, central air, and access to a rear private patio area. One unit is occupied by a daycare tenant generating $3,000 per month and offering approximately 2,056 square feet with two baths and a kitchen. Two remaining units have been recently vacated and are available for lease, with one offering approximately 670 square feet with one bath at $1,250 per month, and the other approximately 1,922 square feet with two baths at $2,500 per month. Prior uses include real estate offices, insurance agencies, and retail beverage sales, demonstrating versatility across multiple business types. The lot size is 0.6991 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.542727
    Latitude
    41.397962

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    FAQs

    What type of property is this?
    Strip mall - Well-maintained retail building with recent improvements and income potential.
    Where is this strip mall located?
    The property is located at 397-405 Broadway Ave Bedford, OH.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - High-traffic, high-visibility prime location with ample on-site parking.; - Over $300,000 in recent improvements, including **roof replacement and major mechanical, electrical, and plumbing updates.**; - Ideal for owner-occupancy with potential rental income or as a pure cash-flow investment.
    (216) 210-7653
    Request Owner's contact information
    397-405 Broadway Ave Bedford, OH 44146
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    Bedford, OH 44146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    397-405 Broadway Ave Bedford, OH 44146
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