643 Bodey Circle, Urbana, OH 43078
$1,050,000
Property Type:
Commercial
Square Footage:
7,572
Lot Size (sq. ft.):
120,661
Status:
Active
Current Price:
$1,050,000
List Date:
9/30/2025
Last Modified:
12/29/2025
Overview
Description
Prime investment opportunity in Urbana! 643 Bodey Circle is a fully leased 7,572 square foot mixed-use retail center featuring a strong tenant mix, long-term leases, and excellent visibility in a thriving market. This stabilized property offers investors a turnkey asset with reliable income and growth potential. The building is currently 100% occupied by established, service-oriented businesses that are deeply rooted in the community. Each tenant benefits from a long-term lease agreement, providing consistent cash flow and reducing turnover risk. The tenant roster includes a popular hair salon, a respected driving school, a trusted tailor and an off site dry cleaning service, a professional dog groomer, and a private mental health counseling office. This diversified mix of tenants creates a stable foundation and draws steady traffic to the property.
Listing Details MLS# 225036946
Location Property Info
- Original List Price
- 1150000
- Property Sub Type
- Retail
- Street #
- 643
- Street Name
- Bodey
- Street Suffix
- Circle
- County
- Champaign
- State
- OH
- Zip Code
- 43078
- Township
- Urbana
OfficeContract Info
- MLS Entry Date
- 2025-09-29
General Property Info
- Total SqFt Available
- 7572
- Bldg Sq Ft
- 7572
- Max Cont Sqft Avail
- 7572
- Minimum Sqft Avail
- 7572
- # of Floors Above Gr
- Yes
- Year Built
- 1978
- Use Code
- 447 - OFFICE BLDG 1 AND 2 STORY
- Acreage
- 2.77
- # of Docks
- 0
Tax Info
- Parcel #
- K48-25-11-02-28-037-02
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 4014
Expenses Paid by L
- Curr Yr Est $/SF LL
- 25824
- All
- Yes
Expenses
- R.E. Taxes
- 4008
- Property Insurance
- 1800
- Electricity Expense
- 16896
- Misc Expense
- 2100
- Water Expense
- 1008
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 138.67
- City (Mailing Addr)
- Urbana
- Corp LimitPerAuditor
- Urbana
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- No
- Lease Rate $/Sq Ft
- 14.89
Remarks & Misc
- Property Description
- Prime investment opportunity in Urbana! 643 Bodey Circle is a fully leased 7,572 square foot mixed-use retail center featuring a strong tenant mix, long-term leases, and excellent visibility in a thriving market. This stabilized property offers investors a turnkey asset with reliable income and growth potential. The building is currently 100% occupied by established, service-oriented businesses that are deeply rooted in the community. Each tenant benefits from a long-term lease agreement, providing consistent cash flow and reducing turnover risk. The tenant roster includes a popular hair salon, a respected driving school, a trusted tailor and an off site dry cleaning service, a professional dog groomer, and a private mental health counseling office. This diversified mix of tenants creates a stable foundation and draws steady traffic to the property.
Property Condition
- Updated/Remodeled
- Yes
Income/Expenses
- Gross Income
- 112800
- Net Operating Income
- 86976
- Total Expenses
- 25824
Addl Acceptance Cond
- None Known
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
Construction
- Frame
- Yes
Heat Fuel
- Electric
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Heat Type
- Forced Air
- Yes
Electric
- Single Phase
- Yes
New Financing
- Conventional
- Yes
- Other
- Yes
Sprinkler
- None
- Yes
Business Type
- Professional/Office
- Yes
- Retail
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Property Condition:
Updated/Remodeled
Expenses Paid by L:
All
Heat Fuel:
Electric
Heat Type:
Forced Air
Electric:
Single Phase
Water Source:
Public
Sewer:
Public Sewer
Construction:
Frame
Sprinkler:
None
Business Type:
Professional/Office; Retail
New Financing:
Conventional; Other
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Howard Hanna Real Estate Srvcs
Listing Agent:
John Crain
Last Updated: December - 29 - 2025
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