3586 Broadway Grove City, OH 43123-2239
This exceptional 2,552-square-foot freestanding retail building presents a unique investment opportunity in Grove City, Ohio. Situated on a 0.59-acre lot at the high-traffic intersection of Broadway and Southwest Boulevard, this property boasts a prime corner location less than a mile from downtown Grove City. The building, constructed in 1960, is classified as Class C and features 15 parking spaces. With over 21,000 vehicles passing daily on Broadway, this location offers unparalleled visibility and accessibility. The property's C-2 zoning allows for a variety of commercial uses, making it ideal for retail or restaurant establishments. Its strategic location provides easy access to major roadways including I-270, I-71, Rt-665, and Stringtown Road, ensuring convenient access for customers and employees. A ground lease is available. The surrounding area is densely populated with a mix of retail businesses, restaurants, and residential properties, creating a thriving commercial environment. The property's APN is 040-003032. This is a single-tenant building with the entire 2,552 square feet currently vacant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.