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Libby Road Office Building 21821 Libby Rd 3,000 SF Office Building Bedford, OH 44146 $354,509 CAD ($118.17 CAD/SF)
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 |
$68,339
|
$22.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,271
|
$1.42
|
| Effective Gross Income |
$64,068
|
$21.36
|
| Taxes |
$6,264
|
$2.09
|
| Operating Expenses |
$5,695
|
$1.90
|
| Total Expenses |
$11,959
|
$3.99
|
| Net Operating Income |
$52,109
|
$17.37
|
Financial Summary (Pro Forma - 2021)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $68,339 |
| Annual Per SF | $22.78 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,271 |
| Annual Per SF | $1.42 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $64,068 |
| Annual Per SF | $21.36 |
| Taxes (CAD) | |
|---|---|
| Annual | $6,264 |
| Annual Per SF | $2.09 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,695 |
| Annual Per SF | $1.90 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,959 |
| Annual Per SF | $3.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $52,109 |
| Annual Per SF | $17.37 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1958/2014
Price
$354,509 CAD
Price Per SF
$118.17 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 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 791-18-032 | Total Assessment | $67,555 CAD (2025) |
| Land Assessment | $24,782 CAD (2025) | Annual Taxes | $6,264 CAD ($2.09 CAD/SF) |
| Improvements Assessment | $42,773 CAD (2025) | Tax Year | 2021 |
Property Taxes
Parcel Number
791-18-032
Land Assessment
$24,782 CAD (2025)
Improvements Assessment
$42,773 CAD (2025)
Total Assessment
$67,555 CAD (2025)
Annual Taxes
$6,264 CAD ($2.09 CAD/SF)
Tax Year
2021
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Libby Road Office Building | 21821 Libby Rd
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