47
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$615,000
Est. payment /mo
0.7 Acres Lot
Active
401-403, 405 Broadway AVE Bedford, OH 44146
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Bedford
MLS Listing ID 5178291
HOA Y/N No
Year Built 1975
Annual Tax Amount $9,511
Tax Year 2024
Lot Size 0.699 Acres
Acres 0.6991
Property Sub-Type Retail
Stories One
Story One
Property Description
Exceptional commercial opportunity in a high-traffic, high-visibility prime location with ample on-site parking. This well-maintained building has benefited from over $300,000 in recent improvements, including extensive build-outs, roof replacement, and major mechanical, electrical, and plumbing updates, offering long-term reliability and strong appeal for investors or owner-occupants. The property is ideally suited for an owner to occupy one unit while leasing the others, or as a pure cash-flow investment. Currently configured as three separate retail storefronts, each unit features a private entrance, dedicated parking, separate utilities, central air, and access to a rear private patio area for each unit. One unit is occupied by a daycare tenant generating $3,000 per month and offering approximately 2,056 square feet with two baths and a kitchen. Two remaining units have been recently fully leased , with one offering approximately 670 square feet with one bath at $1,250 per month, and the other approximately 1,922 square feet with two baths at $2,500 per month. Prior uses include real estate offices, insurance agencies, and retail beverage sales, demonstrating versatility across multiple business types. Easy to view & call for complete sale.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features Parking Lot
Fence Fenced, Partial, Vinyl
Water Access Desc Public
Roof Type Asphalt
Present Use Retail
Total Parking Spaces 31
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Bedford Csd - 1803
Others
Tax ID 812-09-003
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653
NEARBY SCHOOL & BUSINESS
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