Turnkey Cafe, Salon, and
21 S Broadway Geneva, OH
For Sale
Contact for pricing
Ready-to-open cafe, salon, and spa with high-end finishes.
Property Size8,200 SF
Lot Size1.33 Acres
Price / SF$152.44
Days on Market254
Property Features for 21 S Broadway
General Information
Standard status
Active
Size
8,200 SF
Lot size
1.33 Acres
Property subtype
RETAIL
Listing Agency:
RealtyNet, Inc.
(440) 221-0819
Listed By:
Vic Cizek
Source:
Moodyscre
Added: Nov 17, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:48AM
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 RealtyNet, Inc.
Investment Insights
Based on property information with market context.
This 8,200 square foot property, formerly a Key Bank main office, has been transformed into The Artisan Cafe, a space offering premium coffee, espresso, lattes, cappuccinos, light breakfast options, fresh flatbread pizzas, soups, salads, and other healthy dishes. The property also includes a salon and spa designed for relaxation and rejuvenation. The redesign utilized top-quality materials and labor. The property is ready to open and includes over 50 parking spaces and outdoor seating possibilities. It is located at 21 S Broadway, Geneva, OH.
Key Highlights
- Fully equipped and ready‑to‑open cafe, salon, and spa business.
- Turnkey business opportunity with diverse revenue streams (cafe, salon, spa).
- High‑quality renovation of a former Key Bank main office.
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 | $147.6k | $18.00 |
| − Vacancy | −$3.8k | −$0.47 |
| EGI | $143.8k | $17.53 |
| − OpEx | −$43.1k | −$5.26 |
| NOI | $100.6k | $12.27 |
8,200 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,634 @ 7.0% cap · market cap 8.05%
Second Best
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,719 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,965 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Scribblers Coffee Co. — 388 S Broadway, Geneva, OH 44041
Frequently Asked Questions
What type of property is this?
Coffee shop - Ready-to-open cafe, salon, and spa with high-end finishes.
Where is this coffee shop located?
The property is located at 21 S Broadway Geneva, OH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Fully equipped and ready‑to‑open cafe, salon, and spa business.; Turnkey business opportunity with diverse revenue streams (cafe, salon, spa).; High‑quality renovation of a former Key Bank main office.
