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Property profile & analytics
OFF-MARKET
Retail space

675 Broadway Ave Bedford, OH 44146-3616

5,600 SF 0.28 ac lot Built 1930
Trust Owned 5-yr Hold Free & Clear
Property ID
US66-0697066
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction TYPE NOT SPECIFIED
Total area 5,600 SF
Lot 0.28 ac (12,040 SF)
Zoning code H-D
APN 812-13-040
UPID US66-0697066
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Equity Trust Company · 5 yrs held
Equity Trust Company
since 2021
Last sale
$375,000
2 recorded transactions
2021
$130,000
2010
Price N/A
Zoning & alternative use
H-D · Bedford, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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