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Completely Renovated Two-unit Retail Building In Downtown Wadsworth 129 Broad Street, Wadsworth, OH 44281
Availability:
for sale
Property Type:
Shopping Center / Retail
Year Built:
1905
Building Size:
6,760 SF
Land Size:
0.15 Ac
Price:
$825,000
Zoning:
Central Business Development (
Vinnie Ciulla
vinnie@gerspachergroup.com
vinnie@gerspachergroup.com
Property Description
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.
Area Description
129 Broad Street is in the heart of downtown Wadsworth next to Dolce at the Strand near the Wadsworth Public Library 1.5 miles south of the I-76/SR-94 interchange.
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
- Ample public parking
- Zoning: (CBD) Central Business Development District, Wadsworth City
- Annual Real Estate Taxes: $8,154.01
Full Address: 129 Broad Street, Wadsworth, OH 44281
Listing Type: FOR SALE
Status: Active
Zoning: Central Business Development (
Region: M-EN
Property ID: 4084730
Building Sf: 6760
Parcel Num: 040-20D-03-033,040-20D-03-295
Number Units: 1
Year Built: 1905
Features
Financial
D Principal: 825000