Property profile

767 Broadway Ave Bedford, OH 44146

OFF-MARKET
Warehouses
Property ID
US66-2349531
1,959 SF 0.2 ac lot Built 1930
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Construction WOOD
Total area 1,959 SF
Lot 0.2 ac (8,712 SF)
Zoning code B-2
APN 812-14-054
UPID US66-2349531

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician

Location

767 Broadway Ave Bedford, OH 44146-3644
Bedford metro Census 132200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2024
Last sale
$135,000
1 recorded transaction
2024
$135,000

Zoning & alternative use

B-2 · Bedford, OH
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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