631-641 Broadway Avenue, Bedford, OH 44146

$499,900

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Sold Price
$499,900
List Price
$675,000
Status
CLOSED
Days on Market
258
Closing Date
May 20, 2025
MLS#
5067519
Subtype
Commercial Sale
Year Built
1923
Acres
0.31
Subdivision
Bedford
Neighborhood
Bedford
MLS Area Major
Bedford

Property Description

urnkey, Prime, High Traffic/High Visibility Commercial Location, fronts on two busy streets (Broadway & Columbus),Two well maintained mixed use buildings including private parking lot & ample city parking available located in BEDFORD HISTORICAL DISTRICT. GROUND LEVEL: Building boasts eight (8) WALK-IN RETAIL/ OFFICE spaces of various sizes & features, with private restrooms & hand sinks, private offices, common areas and/or waiting/showrooms. LEVEL 2: Eight (8) RESIDENTIAL TURN-KEY APARTMENTS (7- 1 bedroom, 1 efficiency). 5 currently rented, 2 rent ready & 1 used for storage. Desirable units, halls w/skylights, large well lit floor plans. Office space along Columbus has been rented to mostly physicians (current owner occupies an office & would like to remain as a tenant). Full massive basement w/baths for possible expansion space, storage, more. Property is self managed w/retails spaces fully rented, long term physicians in office space with 2 units rent ready. Buildings also sit among other LONG TERM thriving businesses, public transit routes & close to hospitals, shopping, restaurants, parks, freeway, banking, auto service, & more. Recap: Building/location historically has been a desirable mix of retail/office space w/steady rent from apartments, private parking lot & full basement situated in an exceptional location. Perfect if you would like to occupy an office space for yourself or purchase strictly as investment. Professional management/maintenance available for out of area investors.

Additional Information

Taxes
$21,097
Heating
Forced Air, Gas, Other, Zoned
Air Conditioning
Central Air
Roof
Flat
Parking Features
Driveway, Outside, Paved, On Street
School District
Bedford CSD - 1803

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Coldwell Banker Schmidt Realty.

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