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    OFF-MARKET
    Retail properties & Spaces

    1752 Broadway, Geneva, OH 44041

    8,426 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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