Property profile

1752 Broadway Geneva, OH 44041

OFF-MARKET
Retail properties & Spaces
8,426 SF
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Property summary

AI-generated overview

This exceptional 8,426-square-foot freestanding retail space, formerly a restaurant, presents a unique investment opportunity in Geneva, Ohio. Situated on a generous 2.8-acre lot at 1752 S Broadway, this property boasts a prime location directly across from the renowned SPIRE Academy. The building underwent a significant $1.5 million renovation in 2023, resulting in a move-in ready condition. The space includes a complete equipment package, perfect for a restaurant or similar high-traffic business, and a valuable existing liquor license. SPIRE Academy, a world-class 800-acre athletic training facility, attracts over one million visitors annually, providing unparalleled exposure and a substantial customer base. With over 750,000 square feet under roof and plans for future expansion, SPIRE hosts major events including Olympic Trials and various collegiate athletic tournaments, ensuring consistent foot traffic and visibility. The property's single-tenancy structure offers flexibility and control, while its ample size and strategic location make it an ideal choice for a variety of businesses seeking high visibility and access to a large, established market. Located in Ashtabula County, Ohio, with easy access via Spire Circle, this property offers a rare combination of size, location, and recent upgrades, making it a truly exceptional investment opportunity. The property's zip code is 44041.

Property profile

Verified
Property type Retail properties & Spaces
Total area 8,426 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1752 Broadway Geneva, OH 44041
Geneva metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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