129 Broad St - Retail FOR SALE


Wadsworth, OH 44281
$825,000 USD
330-722-5002
129 Broad St, Wadsworth, OH for Sale
$825,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

129 Broad St
Wadsworth, OH 44281


HIGHLIGHTS

  • Building Available: 6,760 SF
  • Price per SF: $122.05/SF
  • Unit 1 (4,760 SF) owner-occupied by Grizzly Arcade & Frostbyte Creamery (open to lease back)
  • Unit 2 (2,000 SF) leased by Perfect Match
  • Recent Improvements: new doors, restrooms, flooring, electrical, roof, HVAC, water/sewer lines replaced, and basement waterproofed
  • Annual Real Estate Taxes: $8,154.01

OVERVIEW

This 6,760 SF two-tenant prime retail space located in the heart of downtown Wadsworth is freshly renovated, featuring 4,720 SF of open clear-span currently occupied by the Grizzly Arcade with new arcade equipment (separately available from real estate sale), a private party room, Frostybyte Creamery, a private office, and near-complete bar & restaurant. The second unit is 2,000 SF occupied by local tenant, Perfect Match Décor. Recent improvements to the property include the complete replacement of electrical, HVAC, roof, and basement. The property is zoned in Central-Business Development District (CBD) allowing for variety of uses. This is a great dual-tenant investment opportunity in Wadsworth with two retail tenants already in place, one of them being the owner of Grizzly Arcade & Frostbyte Creamery. Owner is willing to lease back as a tenant or willing to vacate, making this a great owner-occupier opportunity.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

CBD

APN/PARCEL ID

040-20D-03-033

ASK ABOUT THIS PROPERTY

Morgan FaunceGerspacher Real Estate GroupMore Info
330-722-5002

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Morgan FaunceGerspacher Real Estate GroupMore Info
330-722-5002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.