Two-Unit Brick
1108 S Water St, Kent, OH 44240
For Sale
$550,000
One suite is leased through December 2028, and the adjoining unit is available for occupancy.
Property Size3,250 SF
Price / SF$169.23
Days on Market8
Property Features for 1108 S Water St
General Information
Standard status
Size
Property subtype
Additional Details
Tenant in Place
Building Details
Buildings
Stories
Construction
Tenancy
Listing Agency:
Signature Real Estate
Listed By:
Ibrahim B Al-Hejazin · License #2015005225
(614) 774-9523
Source:
Centralohiohomeguide
Added: Oct 31
Changed: Nov 4
Last Checked: Nov 6 at 9:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Real Estate
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Investment Insights
Based on property information with market context.
This single-story brick storefront contains two side-by-side units. One is occupied under a lease running through December 2028; the second is vacant. Utilities are separately metered. Tenant duties include utility costs and routine interior upkeep, while the owner handles exterior and structural elements, the roof, foundation and snow removal.
The property is approximately 0.9 miles from Kent State University and near McDonald's and other retail businesses in Kent, Ohio.
The property is approximately 0.9 miles from Kent State University and near McDonald's and other retail businesses in Kent, Ohio.
Key Highlights
- Single‑story brick retail building with two side‑by‑side units
- One unit leased through December 2028; the second unit is vacant
- Utilities are separately metered
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 27%
Shops & Services 22%
Home Improvements & Furnishings 7%
McDonald's
Dining
21,372 visits/mo
0.1 miles
Marc's
Groceries
20,598 visits/mo
0.5 miles
Burger King
Dining
6,467 visits/mo
0.5 miles
Dollar General
Shops & Services
5,972 visits/mo
0.3 miles
Ace Hardware
Home Improvements & Furnishings
5,324 visits/mo
0.3 miles
Demographics for 44240, OH
38,354
Population
20,228
Households
1.9
Avg Household Size
32
Median Age
44%
College-Educated
96%
High-School Grad
39.7 sq mi
ZIP Area
966
Density / Sq Mi
$57,415
Median Household Income
$31,613
Median Earnings
$989
Median Rent
$216,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- The Flower Wagon — 529 Ivan Dr, Kent, OH 44240
Frequently Asked Questions
What type of property is this?
Storefront property - One suite is leased through December 2028, and the adjoining unit is available for occupancy.
Where is this storefront property located?
The property is located at 1108 S Water St Kent, OH.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Single‑story brick retail building with two side‑by‑side units; One unit leased through December 2028; the second unit is vacant; Utilities are separately metered
