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Mixed-Use Property Portfolio
For Sale
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Pending

653 Broadway Ave, Bedford, OH 44146

Fully leased buildings combine street retail, upper-level offices, apartments, and an attached warehouse in a city-center setting.

Property SizeContact for details
Days on Market142

Property Features for 653 Broadway Ave

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Retail
Listing Agency: Green Bridge Real Estate
Listed By: Matthew King · License #BRK-20090002834
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:52PM

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 Green Bridge Real Estate

Investment Insights

Based on property information with market context.

This mixed-use portfolio includes two brick buildings with retail, office, residential, and warehouse components. The 653-659 Broadway Avenue building contains 14,644 square feet across two stories, with 3 street-level retail units and 12 second-floor retail or office suites. Built in 1947, it has 10 surface parking spaces and recent roof, fire alarm, electrical, flooring, and interior improvements. The 723-725 Broadway Avenue building contains 7,686 square feet in a two-story structure built in 1910, with 2 retail storefronts, 2 one-bedroom apartments, and an attached 4,406-square-foot warehouse. Both buildings are reported fully occupied, with 15 of 15 spaces leased at the first property and 4 of 4 at the second.

The portfolio also includes an approximately 0.348-acre vacant commercial lot at 22 Woodrow Avenue, zoned Historic Downtown District, adjacent to 723-725 Broadway Avenue. The assets are located in Bedford’s city center, near Cleveland Metroparks’ Tinker’s Creek Reservation and approximately two miles from Interstates 271 and 480.

Key Highlights

  • 14,644‑square‑foot, two‑story brick building at 653‑659 Broadway Avenue
  • 15 of 15 spaces occupied at 653‑659 Broadway Avenue
  • 7,686‑square‑foot, two‑story building with 2 retail units and 2 apartments

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 44146, OH

29,778
Population
15,270
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
1,489
Density / Sq Mi
$53,049
Median Household Income
$40,808
Median Earnings
$1,000
Median Rent
$141,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased buildings combine street retail, upper-level offices, apartments, and an attached warehouse in a city-center setting.
Where is this mixed-use property located?
The property is located at 653 Broadway Ave Bedford, OH.
What are key features of this property?
This property features: 14,644‑square‑foot, two‑story brick building at 653‑659 Broadway Avenue; 15 of 15 spaces occupied at 653‑659 Broadway Avenue; 7,686‑square‑foot, two‑story building with 2 retail units and 2 apartments
(216) 452-9292 Call to check price and availability
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