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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