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    OFF-MARKET
    Warehouses

    776 Broadway Ave, Bedford, OH 44146-3645

    2,250 SF 0.16 ac lot Built 1962
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US66-1532173
    Property summary
    AI-generated overview

    This exceptional free-standing commercial building, located in Bedford's historic district, presents a unique investment opportunity. Boasting B-2 zoning, the property offers incredible flexibility for a wide range of business ventures. Imagine establishing a professional office, boutique, spa, lounge, holistic center, or massage therapy practice – the possibilities are vast. Alternatively, the building's design allows for two distinct businesses to operate simultaneously, utilizing the upper and lower levels with their separate entrances. Previously a dental practice, the property has been thoughtfully prepared for a food service establishment, with significant restaurant equipment (valued at over $25,000) included in the sale. This equipment is ready for final touches and immediate operation. The lower level offers additional space, which can be integrated with the upper level or function as a completely separate entity. The upper level features a spacious, open floor plan with plumbing already in place for a bathroom. The lower level comprises two to three rooms, a full bathroom, and a half-bath. The building's clean design and minimal exterior maintenance requirements ensure ease of upkeep. Estimated dimensions include a main (upper) level of approximately 1,368 square feet (28' 5" x 48'), with first-floor sections measuring 24' x 28' and 28' x 23'. Lower-level sections are approximately 21' x 19' and 24' x 24'. The property sits on a 0.16-acre lot. A liquor license is negotiable as part of the sale. This is an exceptional opportunity to own a versatile and well-equipped commercial space in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1962
    Construction TYPE NOT SPECIFIED
    Total area 2,250 SF
    Lot 0.16 ac (6,800 SF)
    Zoning code B-2
    APN 812-14-060
    UPID US66-1532173
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rightway 776 LLC · 2 yrs held
    Rightway 776 LLC
    since 2023
    Last sale
    $170,000
    4 recorded transactions
    2023
    $170,000
    2016
    $28,600
    2016
    2005
    Zoning & alternative use
    B-2 · Bedford, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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