300 E Exchange St - Storefront Retail/Residential FOR SALE


Akron, OH 44304- Downtown Akron
$900,000 USD
330-807-8423
300 E Exchange St, Akron, OH for Sale
$900,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

300 E Exchange St
Akron, OH 44304
Downtown Akron


OVERVIEW

Established convenience store located in the heart of Akron. This successful business is a turn-key operation and has been a staple in the community for decades. Prime location with excellent traffic flow. Located directly across the street from the University of Akron & adjacent to a busy plaza with national/franchise tenants and student housing. Significant foot traffic. Vehicle traffic count in 2023 was 15,626 vehicles per day. Includes groceries, frozen foods, lottery, beer, wine tobacco/cigarettes/vape, ATM, Bitcoin Machine, EBT, Bill Pay, Money Gram, Money Orders & lucrative check cashing business, including but not limited to Fan Duel Sports Checks. Secure Check Cashing Systems, Inc (financial security software offers advanced check cashing) & CashMan systems in place with over 48,000 customers in data base. If new owner prefers not to operate check cashing portion of business, this can be outsourced to a third party who will offer 50% of commission to owner. Vape products available with high profit margin. Potential to add prepared foods & beauty supply section. Full liquor license will be available. Owner willing to provide transitional training for 2 months. Serious buyers only with proof of funds available. Must sign Non-Disclosure Agreement (NDA) in order to review financials. Please do not disturb the employees. Direct all questions and inquiries to listing agent only.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

Commercial

APN/PARCEL ID

68-49385

ASK ABOUT THIS PROPERTY

Manar ElkurdHoward Hanna Smythe CramerMore Info
330-807-8423

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Manar ElkurdHoward Hanna Smythe CramerMore Info
330-807-8423

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