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103 Lake St Kent, OH 44240

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For Sale
$979,000

Landmark Kent property with redevelopment potential near downtown and KSU.

Property size:
3,992 SF
Lot size:
0.21 Acres

Property Features for 103 Lake St

General Information

Standard status
Active
Size
3,992 SF
Lot size
0.21 Acres

Building Details

Year built
1900

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Listing Contact
Ryan Poland
Source: Exitrealty

Listing Agency: Jack Kohl Realty Listing Agent: Ryan Poland

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

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Overview

Kent Mixed-Use Redevelopment Opportunity

This landmark property, formerly known as Hutch Pet Shop, is available for sale for the first time in over 50 years. The package includes three buildings: a retail store with an apartment above at 103 Lake Street, a rental house at 115 Crain Ave. with the potential for two or three units, and a two-unit apartment building at 118 Lake Street. Situated on a total of 0.21 acres, the buildings have public utilities and are located near the Hike and Bike Trail, downtown Kent, and Kent State University (KSU). The location offers high visibility, good access potential, and traffic counts of approximately 10,000 cars per day. The corner lot presents a redevelopment opportunity. The total property size is 3992 square feet.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Kent
County
Portage
State
Ohio
Longitude
-81.3578132
Latitude
41.1587663

FAQs

What type of property is this?
Mixed-use property - Landmark Kent property with redevelopment potential near downtown and KSU.
Where is this mixed-use property located?
The property is located at 103 Lake St Kent, OH.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: - **High-visibility corner location** on Crain Ave., Lake St., and N. Water St. with approx. 10K cars per day.; - Package deal includes 3 buildings: retail store with apartment, 2-3 unit rental house, and 2-unit apartment building.; - Redevelopment potential due to prime corner location and land value.
More about this property
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