118 W Market ST Active

Akron,OH 44303

$ 2750000

- Bed

0 Bath

0 SqFt


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.

Location

State OH

County Summit

Rooms

Basement None

Interior

Heating Forced Air,Gas

Cooling None

Fireplace No

Exterior

Parking Features On Site,Paved,On Street

Water Access Desc Public

Roof Type Flat

Present Use Mixed Use,Warehouse

Building

Sewer Public Sewer

Water Public

Schools

School District Akron Csd - 7701

Others

Tax ID 6839927

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