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    424 Broadway Ave Bedford, OH

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    For Sale
    $1,985,000

    Fully equipped dealership on Bedford's premier auto sales corridor.

    Lot size:
    0.87 Acres

    Property Features for 424 Broadway Ave

    General Information

    Lot size
    0.87 Acres

    Source: Hoff & Leigh Agent Joe Zumpano

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

    Overview

    Auto Dealership on Auto Mile

    This property presents a rare opportunity to acquire a fully equipped, high-visibility auto dealership situated in Bedford, Ohio, within one of Northeast Ohio’s most recognized auto sales corridors. Known as Bedford’s Auto Mile, this area has been a premier destination for car buyers for decades, offering a strategic location for established dealers, franchises, or independent operators seeking to expand. The property features a 1,224-square-foot showroom and 1,007 square feet of office space. Additionally, there is a 2,973-square-foot wash bay and photography building equipped with a 360-degree photo booth, along with a two-story, 3,744-square-foot warehouse. The service garage includes 14 bays, 11 lifts, a compressor, and air lines. The lot spans 2.43 acres, entirely hard-surfaced, and provides parking for 400 cars, with additional overflow parking available.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    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.

    Similar Places Nearby

    Rick's Auto Services, American Industrial Transmission, Diesel Automotive Mechanical, Affordable Car Care LLC, Perfect Converter Co

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5365094
    Latitude
    41.3931096

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    FAQs

    What type of property is this?
    Auto shop - Fully equipped dealership on Bedford's premier auto sales corridor.
    Where is this auto shop located?
    The property is located at 424 Broadway Ave Bedford, OH.
    What is the asking price?
    The asking price for this property is $1,985,000.
    What are key features of this property?
    This property features: - Prime location on Bedford Auto Mile, a recognized auto sales corridor.; - Large lot size: **2.43 acres of hard surface with 400-car parking capacity** plus overflow.; - **Fully equipped service garage with 14 bays and 11 lifts.**
    (330) 990-0847
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    Bedford, OH
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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
    424 Broadway Ave Bedford, OH
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