871 Broadway Ave Bedford, OH 44146-3611
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Bedford, OHBedford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.