871 Broadway Ave Bedford, OH 44146-3611
Property profile & analytics
871 Broadway Ave, Bedford, OH 44146-3611
- Individual retail properties
- 4,392 SF
- 0.27 lot acres
Property ID
US66-2414701
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
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
- 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 Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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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
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,362
$14,840
$55,160
$70,000
-
$42,400
$157,600
$200,000
