871 Broadway Ave Bedford, OH 44146
- Individual retail properties
- 4,392 SF
- 0.27 lot acres
Current Use by Public Records
- Individual retail properties
Property Details for 871 Broadway Ave
- Year built
- 1949
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.27 lot acres
- Property size
- 4,392 SF
- Zone code
- B-2
- Property type
- Individual retail properties
- APN
- 813-19-010
- APU
- 81319010
Description
This exceptional mixed-use commercial property in Bedford, Ohio presents a unique investment opportunity. The 6,544 square foot building, constructed in 1949, sits on a 0.27-acre lot and is zoned B-2. Currently operating as a thriving dry cleaning, laundry, and alterations business, the property boasts 100% occupancy and offers significant potential for expansion. The building features a 15-foot ceiling height, one story, and a convenient 10' x 10' overhead garage door allowing for vehicle access. There is existing parking for 3-4 vehicles, with potential for additional interior parking or storage. The current owner, retiring after 30 years in business (21 years at this location), has two finished office spaces and a customer alteration room. The business generates a net monthly income of approximately $8,000 to $12,000, serving approximately 6,000 customers. This turnkey operation offers a strong foundation for a new owner, with opportunities to increase revenue streams by expanding services. The asking price for the property is $175,000 ($26.74/sq ft). The APN is 813-19-010. This is an owner/user investment opportunity. Serious inquiries only, please do not disturb employees.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5306
- Latitude
- 41.3879
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
