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Restaurant and Hookah Lounge
For Sale
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306 E Exchange St, Akron, OH 44304

Established Middle Eastern restaurant and hookah lounge with a large dining room, kitchen prep area, and ample parking.

Property SizeContact for details
Days on Market121

Property Features for 306 E Exchange St

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: Howard Hanna Real Estate Services
Listed By: Manar Elkurd · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:11AM

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 Howard Hanna Real Estate Services

Investment Insights

Based on property information with market context.

This established Middle Eastern restaurant and hookah lounge includes a kitchen with a large grill and ample counter prep area, along with a large dining room. The menu is described as featuring Middle Eastern grill items and appetizers.

The property is located on East Exchange Street in Akron and is positioned on a highly traveled corridor. The offering also notes ample parking and space that can support private gatherings and an outdoor patio.

Key Highlights

  • Established Middle Eastern restaurant and hookah lounge
  • Located on East Exchange Street in Akron, a highly traveled thoroughfare
  • Large dining room for guests

Property Analytics

Current Use

Mid-East Cafe and Restaurant Restaurant

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Acupuncture Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,688
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 27% Home Improvements & Furnishings 3%
McDonald's Dining
22,201 visits/mo 0.1 miles
Speedway Shops & Services
18,566 visits/mo 0.3 miles
Taco Bell Dining
10,284 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
6,861 visits/mo 0.1 miles
SUBWAY Dining
5,643 visits/mo 0.4 miles

Demographics for 44304, OH

4,185
Population
1,660
Households
2.5
Avg Household Size
27
Median Age
33%
College-Educated
92%
High-School Grad
1.3 sq mi
ZIP Area
3,219
Density / Sq Mi
$35,946
Median Household Income
$14,518
Median Earnings
$958
Median Rent
$70,500
Median Home Value

Market

Vacancy Rate% for Retail in Akron, OH

5.3% 2020
5.3% 2021
4.5% 2022
4.2% 2023
5.4% 2024
6.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established Middle Eastern restaurant and hookah lounge with a large dining room, kitchen prep area, and ample parking.
Where is this conventional restaurant located?
The property is located at 306 E Exchange St Akron, OH.
What are key features of this property?
This property features: Established Middle Eastern restaurant and hookah lounge; Located on East Exchange Street in Akron, a highly traveled thoroughfare; Large dining room for guests
More about this property
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