871 Broadway AveBedford, OH 44146

For Sale
$175,000

Established Dry Cleaners, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
90
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.

Highlights

  • Owner retiring after 30 years in business, 21 years at this Bedford location.
  • Two employees included in sale.
  • Strong net income: $8,000 - $12,000 monthly, serving 6,000 customers.
  • Turnkey operation; ideal for an entrepreneur.
  • Established family-owned business with potential for expansion and added revenue streams.

Property Details for 871 Broadway Ave

Property type
Other specialty properties, Other retail properties
Square Feet
6,544 SF
Class
C
Year Built
1949
Buildings
1
Stories
1
Lot Size (sq. ft)
11,761 SF
Units
1

Location Insight

City
Bedford
County
Cuyahoga
State
Ohio
Latitude
41.3879116
Longitude
-81.5306504
871 Broadway Ave, Bedford, Ohio

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871 Broadway Ave
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