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Investment Highlights

  • Multi-Unit building with potential to rent to other tenants
  • Brick exterior with Stone Detail
  • Surface Parking

Executive Summary

2 story office off Northfield Rd and Minutes away from I-480 and I-271. Great opportunity for an owner to lease out other offices or use the entire building for their business operations.

Financial Summary (Pro Forma - 2021)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $66,298 $22.10
Other Income - -
Vacancy Loss $4,144 $1.38
Effective Gross Income $62,154 $20.72
Taxes $6,077 $2.03
Operating Expenses $5,525 $1.84
Total Expenses $11,602 $3.87
Net Operating Income $50,552 $16.85

Financial Summary (Pro Forma - 2021)

Gross Rental Income (CAD)
Annual $66,298
Annual Per SF $22.10
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $4,144
Annual Per SF $1.38
Effective Gross Income (CAD)
Annual $62,154
Annual Per SF $20.72
Taxes (CAD)
Annual $6,077
Annual Per SF $2.03
Operating Expenses (CAD)
Annual $5,525
Annual Per SF $1.84
Total Expenses (CAD)
Annual $11,602
Annual Per SF $3.87
Net Operating Income (CAD)
Annual $50,552
Annual Per SF $16.85

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1958/2014
Price
$343,919 CAD
Price Per SF
$114.64 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,500 SF
Slab To Slab
9’
Building FAR
0.30
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
office/medical - commercial
Parking
10 Spaces (3.51 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Kitchen
  • Central Heating
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Aleksandr Rybak
  • -
  • 500 SF
  • -
  • -
  • -
  • 500 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Aleksandr Rybak - 500 SF - -
- 500 SF - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
791-18-032
Land Assessment
$24,040 CAD (2025)
Improvements Assessment
$41,493 CAD (2025)
Total Assessment
$65,533 CAD (2025)
Annual Taxes
$6,077 CAD ($2.03 CAD/SF)
Tax Year
2021
  • Listing ID: 21802253

  • Date on Market: 2020-12-20

  • Last Updated:

  • Address: 21821 Libby Rd, Bedford, OH 44146

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