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    129 Broad St Wadsworth, OH 44281

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    For Sale
    $825,000

    6,760 SF retail building with two units in Wadsworth, OH.

    Property size:
    6,760 SF
    Lot size:
    0.16 Acres

    Property Features for 129 Broad St

    General Information

    Size
    6,760 SF
    Lot size
    0.16 Acres

    Source: Gerspacher Real Estate Group Agent Troy Gerspacher, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with Arcade

    This 6,760 square foot building is available for sale. The property features two units. Unit 1, comprising 4,760 square feet, is currently owner-occupied by Grizzly Arcade & Frostbyte Creamery, with the potential for a leaseback arrangement. Unit 2, consisting of 2,000 square feet, is leased by Perfect Match. Recent improvements include new doors, restrooms, flooring, electrical systems, a new roof, updated HVAC, replaced water and sewer lines, and basement waterproofing. Ample public parking is available. The property is zoned (CBD) Central Business Development District, Wadsworth City. The annual real estate taxes are $8,154.01.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    G-RID Window of Wadsworth Window Installation Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wadsworth
    County
    Medina
    State
    Ohio
    Longitude
    -81.728536
    Latitude
    41.0252096

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    FAQs

    What type of property is this?
    Retail space - 6,760 SF retail building with two units in Wadsworth, OH.
    Where is this retail space located?
    The property is located at 129 Broad St Wadsworth, OH.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Recent extensive renovations including new doors, restrooms, flooring, electrical, roof, HVAC, and replaced water/sewer lines.; - Two-unit building with existing tenants, including a potential leaseback opportunity with the owner-occupied Grizzly Arcade & Frostbyte Creamery (4,760 SF).; - Unit 2 (2,000 SF) is currently leased by Perfect Match, providing immediate income.
    (216) 470-4545
    Request Owner's contact information
    129 Broad St Wadsworth, OH 44281
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    129 Broad St
    Wadsworth, OH 44281
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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
    129 Broad St Wadsworth, OH 44281
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