Property profile

1741 Broadway St Geneva, OH 44041

OFF-MARKET
Retail properties & Spaces
4,977 SF 1.47 ac lot Built 1962
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Property summary

AI-generated overview

This exceptional 4,977 square foot retail building, situated on a 1.47-acre lot at 1741 S Broadway Street in Geneva, Ohio, presents a compelling investment opportunity. Currently occupied by Best Friends Family Restaurant, the property boasts prominent interstate visibility and is located in a high-traffic area, ensuring significant exposure for any business. The existing building provides a solid foundation for a variety of retail or restaurant ventures, offering immediate income potential. The seller is open to exploring lease options and the potential sale of the existing business to qualified buyers. This versatile property is ideally suited for investors seeking a strategic location in Geneva's burgeoning market, particularly given its proximity to SPIRE Academy. The substantial 1.47-acre lot offers significant redevelopment potential, allowing for expansion or the creation of additional commercial space. This is a rare opportunity to acquire a well-positioned property in a thriving area, combining immediate income with significant long-term growth potential. The property's high visibility and convenient location make it an attractive proposition for a wide range of businesses. Serious inquiries are encouraged to explore the possibilities of this unique investment. Additional land is available, further enhancing the property's development potential.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1962
Total area 4,977 SF
Lot 1.47 ac (64,033 SF)

Cap rate & NOI

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

Location

1741 Broadway St Geneva, OH 44041
Geneva metro
Google Maps

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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