675 Broadway Ave Bedford, OH 44146-3616
This exceptional investment opportunity presents a fully occupied, 10,871 square foot, single-story retail building situated in Bedford, Ohio's historic downtown. The property, located at 675 Broadway Avenue (APN 81213040), boasts a prime location within a walkable commercial district, offering convenient access to major highways and ample parking. Constructed in 1930, this all-brick, Class B building features five distinct tenant spaces: Jackson Hewitt, Fairfellow Realty, Lyrix Barber Shop, Vinyl Groove, and A Nu Tatt2 Professional Tattooing. The property sits on a 0.552-acre lot and is zoned H-D. Recent improvements include full renovations for both Jackson Hewitt and Fairfellow Realty, encompassing updated electrical systems and new hot water tanks for Fairfellow Realty. Additionally, the barbershop has received upgrades to its electrical system and a new furnace. This multi-tenant property offers a strong, stable income stream and significant potential for future appreciation in a thriving downtown location. The asking price is $499,000.
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
H-D · Bedford, OHBedford. Always verify with local authorities before improvements.
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.