5065 Northfield Rd Bedford Heights, OH 44146-1108
- Retail space
- 0.46 lot acres
Feb 26, 2021
Current Use by Public Records
- Retail space
Property Details for 5065 Northfield Rd
- Lot size
- 0.46 lot acres
- Zone code
- B-3
- Property type
- Retail space
- APN
- 791-08-036
- APU
- 79108036
Description
This exceptional investment opportunity presents a prime retail property located at 5065 Northfield Road in Bedford, Ohio. The property encompasses a 0.46-acre lot and features two substantial 6,000 square foot units, each with its own independent entrance. One unit is currently occupied by a well-established daycare center, providing a consistent stream of rental income for the new owner. This existing lease offers immediate return on investment and minimizes vacancy risk. The second unit is vacant, presenting a significant opportunity for an owner-user to establish their business or for additional leasing potential, maximizing the property's income generation. The building boasts a versatile layout, high ceilings, and ample on-site parking, catering to a wide range of business types. Its strategic location in Bedford, Ohio, offers excellent access to major roadways, ensuring high visibility and convenient access for customers and employees. This combination of a stable, income-producing tenant and a vacant unit ready for immediate development makes this property an attractive investment prospect with significant potential for future growth and profitability. The asking price is $699,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Bedford Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5267
- Latitude
- 41.4219
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA