871 Broadway AveBedford, OH 44146

Property Details for 871 Broadway Ave

Year built

1949

Construction

TYPE NOT SPECIFIED

Lot size

0.27 AC

Property size (Sq ft)

4,392 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Other 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.

Location Insight

City

Bedford

County

Cuyahoga

State

Ohio

Latitude

41.3879

Longitude

-81.5306

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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