1020-1032 S Broadway, Geneva, OH
8,990 SF retail building on 1.5 acres for sale.
- Added:
- Sep 5, 2025
- Days on Market:
- 307
- Last Refresh:
- May 20 at 8:54 pm
Property Features for 1020-1032 S Broadway
General Information
- Standard status
- Active
- Size
- 8,990 SF
- Lot size
- 1.83 Acres
- Property subtype
- RETAIL
Listing office Legacy Real Estate Advisors (248) 450-3259
Listing date Sep 5, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Advisors
HighLights
- Located in Cleveland, OH MSA - a Top 35 MSA in the U.S.A. (Ranked #33)
- High Traffic Counts: 12,000+ vehicles pass the site daily on S Broadway
- Located minutes from I‑90, a major cross‑country interstate
- 10,000+ people within a 3‑mile radius
- 8,990 SF building situated on a 1.5‑acre lot
- Built in 2007
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.8k | $18.00 |
| − Vacancy | −$4.2k | −$0.47 |
| EGI | $157.6k | $17.53 |
| − OpEx | −$47.3k | −$5.26 |
| NOI | $110.3k | $12.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Coinstar Kiosk | Bitcoin ATM — Giant Eagle, 755 S Broadway, Geneva, OH 44041
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.9492
- Latitude
- 41.792
