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Mixed-Use Development in Kent, OH
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215 S Water St, Kent, OH

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

Space Size1,600 SF - 2,140 SF
Lot Size0.88 Acres
Days on Market692

Property Features for 215 S Water St

General Information

Standard status Active
Size 1,600 SF - 2,140 SF
Lot size 0.88 Acres
Property subtype RETAIL

Spaces For Lease

at 215 S Water St Contact us

215 S Water St

Floor
1
Size
1,600 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- A mixed use development located within the heart of the classic college town setting...
show more
Contact us

215 S Water St

Floor
1
Size
2,140 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- A mixed use development located within the heart of the classic college town setting...
show more
Contact us
Listing Agency: CBRE | Cleveland
Listed By: Joseph Khouri · License #2008000837
Source: Moodyscre
Added: Oct 16, 2024 Changed: Aug 8 Last Checked: Sep 7 at 12:11PM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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

Property Analytics

Current Use

D.P. Dough Restaurant

Suggested Use

Top Pick Dental Office Spa & Massage Center HVAC Service Hair Salon Nail Salon Skin Care Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • College Town Kent 210 S Depeyster St, Kent, OH 44240

Frequently Asked Questions

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 Call to check price and availability
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