26091 Broadway AveBedford, OH 44146

Property Details for 26091 Broadway Ave

Year built

2001

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

11,741 SF

Zone code

I-1

Property type

Retail space

APN

795-34-013

APU

79534013

Description

This exceptional commercial property in Bedford, Ohio, presents a unique sale/leaseback opportunity. The building, constructed in 2001, encompasses 11,741 square feet situated on a one-acre lot zoned I-1. The property features a two-story structure with a main-level restaurant space of 6,702 square feet and a 5,039 square foot upstairs office area, offering versatile usage options. The restaurant space is fully equipped and includes a desirable outdoor patio. Ample private parking is available for patrons and staff. The building's prime location on Broadway Avenue in Bedford, Ohio, 44146, ensures high visibility and accessibility, situated near the bustling Hawthorne Valley Shopping Center. The modern design and construction, combined with the significant square footage and strategic location, make this a compelling investment opportunity for both restaurateurs and investors seeking a strong return. The property's multi-tenant capability allows for additional income streams through leasing the office space. Monument signage is also available, enhancing visibility and brand recognition. This is a rare chance to acquire a well-established, high-traffic commercial property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,282,318

  6.5%

  $3,029,832

  7%

  $2,813,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,767,598

  Geo Method

  $2,767,598

• Alternative Use

  Use

  Valuation

  Residential

  $2,555,777

  Hospitality

  $2,341,078

  Educational

  $1,947,749

  Medical

  $2,014,736

  Retail

  $3,029,832

Location Insight

City

Bedford

County

Cuyahoga

State

Ohio

Latitude

41.3568

Longitude

-81.4967

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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