643 Bodey Circle, Urbana, OH 43078
$1,150,000
Property Type:
Commercial
Square Footage:
7,572
Lot Size (sq. ft.):
120,661
Status:
Active
Current Price:
$1,150,000
List Date:
9/30/2025
Last Modified:
9/30/2025
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.
Supplements: ********
More Information MLS# 225036946
Location & Property Info
List Price/SqFt: 151.88
City (Mailing Addr): Urbana
Corp LimitPerAuditor: Urbana
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 14.89
General Property Info
Total SqFt Available: 7572
Bldg Sq Ft: 7572
Max Cont Sqft Avail: 7572
Minimum Sqft Avail: 7572
# of Docks: 0
Use Code: 447 - OFFICE BLDG 1 AND 2 STORY
# of Floors Above Gr: 1
Year Built: 1978
Acreage: 2.77
Tax Info
Tax Abatement: No
Taxes (Yrly): 4014
Parcel #: K48-25-11-02-28-037-02
Tax Year: 2024
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: 1
Income/Expenses
Gross Income: 112800
Net Operating Income: 86976
Total Expenses: 25824
Addl Acceptance Cond
None Known: 1
Expenses Paid by L
All: 1
Curr Yr Est $/SF LL: 25824
T Reimburses L
Curr Yr Est $/SF TRL: 0
Expenses
R.E. Taxes: 4008
Property Insurance: 1800
Electricity Expense: 16896
Misc Expense: 2100
Water Expense: 1008
Construction
Frame: 1
Heat Fuel
Electric: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Heat Type
Forced Air: 1
Electric
Single Phase: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
Other: 1
Sprinkler
None: 1
Business Type
Professional/Office: 1
Retail: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1150000
List Price: $1,150,000
Property Sub Type: Retail
Street #: 643
Street Name: Bodey
Street Suffix: Circle
County: Champaign
State: OH
Zip Code: 43078
Township: Urbana
OfficeContract Info
Status: Active
MLS Entry Date: 2025-09-29
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: September - 30 - 2025
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