$ 2,750,000
118 W Market ST Akron, OH 44303
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$ 2,750,000
Est. payment | /mo
0.51 Acres Lot
$ 2,750,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Subdivision Akron
MLS Listing ID 5029888
HOA Y/N No
Year Built 1932
Annual Tax Amount $10,740
Tax Year 2023
Lot Size 0.514 Acres
Acres 0.5137
Property Description
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.
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.
Location
State OH
County Summit
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Garage On Site, Paved, On Street
Waterfront No
Water Access Desc Public
Roof Type Flat
Present Use Mixed Use,Warehouse
Parking Type On Site, Paved, On Street
Building
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Tax ID 6839927
Listed by Jared E Dutton • Keller Williams Legacy Group Realty • jdutton3@kw.com 330-879-5000
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "