Retail Investment Opportunity in Bedford,
401-403 405 Broadway Avenue, Bedford, OH 44146
- Added:
- Jan 9, 2026
- Days on Market:
- 125
- Last Refresh:
- May 14 at 6:06 pm
Property Features for 401-403 405 Broadway Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 31
- Parking features
- Parking Lot
- Fencing
- Fenced
- Standard status
- Active
- APN
- 812-09-003
- Lot size
- 0.70 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 35 81209006 & 81209007
- Tax Annual Amount
- 9511
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Asphalt
Listing agent Christopher A Frederick License #426983 (216) 210-7653
Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH (440) 327-2123
Listing date Jan 9, 2026
MLS# 5178291
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.
HighLights
- 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.
- Currently configured as three separate retail storefronts, each with private entrance, dedicated parking, separate utilities, central air, and private patio.
- Ideal for owner‑occupancy with rental income potential or as a pure cash‑flow investment.
- Existing tenant leases in place generating income: daycare ($3,000/month), 670 sq ft unit ($1,250/month), and 1,922 sq ft unit ($2,500/month).
- Versatile property suitable for various business types (e.g., real estate offices, insurance agencies, retail).
Overview
This commercial property in a high-traffic, high-visibility location offers 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, approximately 2,056 square feet with two baths and a kitchen, is occupied by a daycare tenant generating $3,000 per month. Another unit offers approximately 670 square feet with one bath and is leased for $1,250 per month. The third unit, approximately 1,922 square feet with two baths, is leased for $2,500 per month. The property is suited for an owner to occupy one unit while leasing the others, or as a cash-flow investment. 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
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5301
- Latitude
- 41.3816
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Well-maintained retail property with strong income potential in prime location.
Where is this strip mall located?
The property is located at 401-403 405 Broadway Avenue 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.; Currently configured as three separate retail storefronts, each with private entrance, dedicated parking, separate utilities, central air, and private patio.
