Mixed-Use Property with
For Sale
$450,000
83 John Street, Akron, NY 14001
Residential, Akron, NY
Property Size3,596 SF
Lot Size0.12 Acres
Price / SF$125.14
Days on Market47
Property Features for 83 John Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2
Parking features
Open
Patio and Porch features
Porch, Patio
Interior features
CeilingFans
Exterior features
Balcony, FullyFenced, Patio
Fencing
Fenced
Fireplace
1
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot
Elementary school district
Akron
Middle school district
Akron
High school district
Akron
Subdivision
Akron-Village-145601
Standard status
Active
APN
145601-047-110-0004-001-000
Size
3,596 SF
Lot size
0.12 Acres
Additional Details
Mixed-Use Components
residential, retail
Taxes and HOA fees
Tax Annual Amount
5023
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Water source
Public
Amenities
in-unit laundry
stamped concrete patio
private balcony
fully fenced yard
central air
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate, Hardwood, Varies
Building materials
VinylSiding
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Lynn M McCarthy · License #10301214462
(716) 308-1708
Added: Sep 14
Changed: Oct 24
Last Checked: Oct 30 at 11:06PM
MLS# B1714739
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 83 John Street in Akron, this 3,596-square-foot mixed-use property combines two residential units with an attached storefront on a 0.12-acre lot. Both apartments have in-unit laundry; one includes a patio and the other a private balcony. The commercial space has central air and a walk-in cooler, with kitchen and deli equipment including a grill, three-bay sink, deli case, freezers, beverage cooler, and slicer. The building dates to 1900, with vinyl siding and a roof estimated to date from approximately 2001.
Site features include a 1.5-car garage, driveway, open off-street parking, and a fenced yard. Gas and electric service currently share one meter. The property is in the Village of Akron, Erie County.
Site features include a 1.5-car garage, driveway, open off-street parking, and a fenced yard. Gas and electric service currently share one meter. The property is in the Village of Akron, Erie County.
Key Highlights
- Two residential units paired with an attached commercial storefront
- 3,596 square feet on a 0.12‑acre lot
- Storefront includes central air, a walk‑in cooler, and deli and kitchen equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,780
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,600
$675.6K
Cap Rate 7%
$482,571
$482.6K
Cap Rate 9%
$375,333
$375.3K
Market Conditions
NOI Build-Up for 3,596 SF
Gross rent
$64.7K $18.00/SF
− Vacancy
−$10.7K −$2.97/SF
EGI
$54.0K $15.03/SF
− OpEx
−$20.3K −$5.64/SF
NOI
$33.8K $9.39/SF
Area
Erie County, NY
Vacancy
16.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,600
Cap Rate 7%
$482,571
Cap Rate 9%
$375,333
Alternative Uses
Best Use
Specialty Retail
$618.6K
$541.3K – $721.7K
NOI $43,303 @ 7.0% cap · market cap 9.62%
Second Best
Mixed Use
$482.6K
$422.3K – $563.0K
NOI $33,780 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$786.1K
$687.8K – $917.1K
NOI $55,027 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
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Business Placement
Demographics for 14001, NY
9,482
Population
4,477
Households
2.1
Avg Household Size
47
Median Age
26%
College-Educated
91%
High-School Grad
64.5 sq mi
ZIP Area
147
Density / Sq Mi
$73,786
Median Household Income
$46,220
Median Earnings
$744
Median Rent
$221,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residences and an attached commercial space support on-site living alongside a storefront operation.
Where is this mixed-use property located?
The property is located at 83 John Street Akron, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two residential units paired with an attached commercial storefront; 3,596 square feet on a 0.12‑acre lot; Storefront includes central air, a walk‑in cooler, and deli and kitchen equipment
