103 Lake St Kent, OH 44240
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High-traffic corner, 6 units, redevelopment potential
Property size:
3,992 SFProperty Features for 103 Lake St
General Information
- Property type
- Individual retail properties
- Square Feet
- 3,992 SF
- Lot Size
- 9,148 SF
Building Details
- Year Built
- 1900
- Buildings
- 3
- Stories
- 2
- Units
- 6
Listing Agency: Jack Kohl Realty Listing Agent: Ryan Poland
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property in Kent, Ohio, presents a unique redevelopment opportunity. Located on a high-traffic corner (.21 acres) at the intersection of Lake St, Crain Ave, and N Water St, this landmark property includes three buildings totaling 3,992 square feet. The main building, 103 Lake St, is a storefront with an apartment above. Two additional buildings, 115 Crain Ave (2-3 units) and 118 Lake St (2 units), offer licensed rental housing. All buildings are 100% occupied, generating immediate income. Built in 1900, the property boasts a two-story configuration and sits within the R-3 zoning district. The location offers excellent visibility and accessibility, with approximately 10,000 cars passing daily. Proximity to the Hike and Bike Trail, downtown Kent, and Kent State University adds significant value. This is a prime opportunity for investors seeking a high-return redevelopment project in a desirable location. The asking price is $1,150,000 ($288.08/sq ft). The property includes APNs 17-031-22-00-170-000 and 17-031-22-00-169-000. The property is offered by the principal owner.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- Portage
- State
- Ohio
- Longitude
- -81.358033604721
- Latitude
- 41.158690559925
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FAQs
What type of property is this?
Individual retail property - High-traffic corner, 6 units, redevelopment potential
Where is this individual retail property located?
The property is located at 103 Lake St Kent, OH.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Exceptional mixed-use redevelopment opportunity in Kent, Ohio.; High-traffic corner lot (.21 acres) at Lake St, Crain Ave, and N Water St intersection.; Three buildings totaling 3,992 square feet, 100% occupied, generating immediate income.
