118 W Market Street , Akron, OH 44303
Akron, OH 44303
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.
Details
| MLS# | 5029888 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1932 |
| Days On Site | 151 |
| Listing Provided By | Keller Williams Legacy Group Realty | Jared E Dutton |
Features
| SQ Feet | 36,979 |
|---|---|
| Acreage | 0.51 |
Market Activity 44303
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Learn More About This Property
| State | OH |
|---|---|
| County | Summit |
| City | Akron |
| Zip Code | 44303 |
| Community Name | Akron |
| Listing VS Median (in Akron) | |
Price: $2,750,000 low | high Med: $152,450 SqFt: 36,979 low | high Med: 1,141 $ / SqFt: $74 low | high Med: $127 On Site: 151 low | high Med: 36.000000 | |