Property summary
This exceptional 1,959-square-foot commercial property, located at 767 Broadway Ave in Bedford, Ohio (44146), presents a remarkable investment opportunity. Situated on a 0.2-acre corner lot, this single-story, 1930-built building offers ample parking and high visibility. Currently vacant, the property is adaptable to a variety of uses, including daycare/nursery, medical office, or traditional office space. The building's versatile layout provides a spacious main floor area, complemented by a basement ideal for storage. The asking price is $199,000, translating to $101.58 per square foot. The property's prime downtown Bedford location offers excellent access to local amenities and a strong customer base. With its versatile floor plan, ample parking, and prominent location, this property is perfectly positioned for immediate occupancy and significant return on investment. The Cuyahoga County location and APN 812-14-054 provide further identification details. This is a rare opportunity to acquire a well-located, adaptable commercial space in a thriving Ohio community. The property consists of one unit within a single building.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
MENTS. CHAPTER 1929 R-3 One to Six-Family Residence Districts CHAPTER 1931 R-4 Multi-Family Residence Districts CHAPTER 1933 B-P Professional Office District CHAPTER 1935 B-1 Local Retail Business Districts CHAPTER 1937…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Bedford, OHMENTS. CHAPTER 1929 R-3 One to Six-Family Residence Districts CHAPTER 1931 R-4 Multi-Family Residence Districts CHAPTER 1933 B-P Professional Office District CHAPTER 1935 B-1 Local Retail Business Districts CHAPTER 1937…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
MENTS. CHAPTER 1929 R-3 One to Six-Family Residence Districts CHAPTER 1931 R-4 Multi-Family Residence Districts CHAPTER 1933 B-P Professional Office District CHAPTER 1935 B-1 Local Retail Business Districts CHAPTER 1937…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Bedford, OH.
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