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    215 S Water St Kent, OH 44240

    For Lease
    Contact for pricing

    Mixed-use development near Kent State University with retail and office space.

    Property size:
    1,356 SF
    Lot size:
    0.88 Acres

    Property Features for 215 S Water St

    General Information

    Size
    1,356 SF
    Lot size
    0.88 Acres

    Source: CBRE | Cleveland Agent Joseph Khouri

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Development in Kent, OH

    This mixed-use development is located in the heart of Kent, Ohio, a classic college town. The neighborhood is vibrant and active around the clock, with a mix of Millennial, Generation X, and Baby Boomer residents. It is less than a five-minute walk to the Kent State University campus and several student neighborhoods. The development offers a strong experiential retail environment, encouraging pedestrian engagement and outdoor dining, and providing ample parking. The property includes 50,000 square feet of retail and restaurant space, a 94-room boutique hotel, and 77,000 square feet of Class A office space. Residential options include 84 units across two properties. There are 325 parking spaces available. The development also features a community green space for events.
    Insight Report Location Intelligence

    Current Use by Public Records

    D.P. Dough Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    College Town Kent

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.3580123
    Latitude
    41.1524386

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    FAQs

    What type of property is this?
    Shopping center - Mixed-use development near Kent State University with retail and office space.
    Where is this shopping center located?
    The property is located at 215 S Water St Kent, OH.
    What are key features of this property?
    This property features: - Prime location in the heart of Kent, OH, a vibrant college town; - Mixed-use development with retail, restaurants, hotel, office, and residential components; - Less than 5-minute walk to Kent State University campus
    (216) 658-6120
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    215 S Water St 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
    215 S Water St Kent, OH 44240
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