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    1108-1110 S Water St Kent, OH 44240

    Pending
    For Sale
    $310,000

    SINGLE_FAMILY - Kent, OH

    Type:Retail
    Lot size:
    0.43 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 1108-1110 S Water St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Pending
    APN
    17-012-20-00-177-000
    Parking
    22
    Lot size
    0.43 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1967
    Floors in Building
    1
    Number of units
    2

    Carriage Group Realty, LLC (330) 650-1500 [email protected]

    Listing agent Greg A Lehrer (330) 807-4543 License #2006007059

    Listing date Nov 18, 2025

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Investment Opportunity in Kent, OH

    This retail brick building in Kent, Ohio, presents an investment opportunity with side-by-side units. Unit 1 generates a monthly income of $2,000 with a lease extending through December 2028. Unit 2 has a monthly income of $1,150 on a month-to-month lease. The property's lot size is 0.4325 acres. The owner's annual expenses include $5,695 in taxes and $2,957 for insurance. Tenants are responsible for separately metered utilities, including electric, gas, fuel, lights, heat, and power, as well as the general maintenance of the unit interiors, covering electrical, HVAC, plumbing, sewer, interior walls, fixtures, windows, and doors. The owner is responsible for the exterior and structural components of the building, including the roof and foundation. Snow plowing is technically the tenant's responsibility per the lease, but the owner handles it as a courtesy.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.358619
    Latitude
    41.143353

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    FAQs

    What type of property is this?
    Retail property - Retail brick building with income potential in Kent, Ohio.
    Where is this retail property located?
    The property is located at 1108-1110 S Water St Kent, OH.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: - Leased units provide immediate income: Unit 1 generates $2,000/month through Dec 2028; Unit 2 generates $1,150/month.; - Tenants responsible for most interior maintenance, reducing owner responsibilities.; - Tenants pay separately metered utilities, minimizing owner utility expenses.
    (330) 807-4543
    Request Owner's contact information
    1108-1110 S Water St Kent, OH 44240
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    Kent, OH 44240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1108-1110 S Water St Kent, OH 44240
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