118-122 W Market St - Storefront Retail/Office FOR SALE


Akron, OH 44303
$2,750,000 USD
330-879-5000
118-122 W Market St, Akron, OH for Sale
$2,750,000 USD
Storefront Retail/Office - FOR SALE
1/32
null | Request Cap Rate

118-122 W Market St
Akron, OH 44303


OVERVIEW

Attention developers and business owners! Here's your chance to own a versatile property in Akron that's bursting with potential. Almost 37,000 square feet of retail and warehouse space awaits your creative vision, just minutes from Route 8 and I-77. This prime development opportunity is strategically positioned as close to Downtown Akron as you can get, offering unparalleled convenience and accessibility for your business ventures. The property, zoned for U4 commercial and U3 retail use, opens doors to a myriad of possibilities. Whether you envision a mixed-use development incorporating retail, office, or multifamily spaces, this property provides the ideal canvas for your ambitions. With the existing structure capable of accommodating additional levels, the potential for high-density multifamily housing with over 100 units or even a hotel is within reach. Ample parking and a rich history as the "Gateway to Akron" or "Cadillac Hill" add further allure to this investment opportunity. Plus, with three-phase power already available on-site, you can hit the ground running with your development plans. Seize this unique opportunity to be a part of Akron's growth and success story.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

108

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

U4 Commercial & U3 Retail

APN/PARCEL ID

67-47761,68-31179,68-31180,68-31181,68-31182,68-39925,68-39927,68-39939,68-39943,68-47699,68-47700

ASK ABOUT THIS PROPERTY

Jared DuttonKeller Williams Legacy GroupMore Info
330-879-5000

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Jared DuttonKeller Williams Legacy GroupMore Info
330-879-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.