3989 Broadway Grove City, OH 43123-2639
This exceptional 1,415 square foot retail space, located at 3989 Broadway in the heart of historic downtown Grove City, Ohio, presents a unique investment opportunity. Built in 1913 and renovated in 2015, this single-tenant property boasts a charming character ideal for a cafe, restaurant, or coffee shop. Situated at the intersection of Broadway and Columbus Street, within the Southwest submarket cluster, the property benefits from high foot traffic generated by nearby businesses and residents, as well as abundant public parking. The two-story building offers excellent visibility and accessibility, making it an attractive location for a variety of food and beverage concepts. Its central location provides convenient access to major roadways including I-270, I-71, Route 665, and Stringtown Road, ensuring easy commutes for both employees and customers. The surrounding area features a mix of retail establishments, restaurants, and residential properties, creating a vibrant and thriving community. This property is ready for immediate occupancy and presents a compelling opportunity to establish a successful business in a desirable location. The property's zip code is 43123.
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
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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.