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    2420 Wedgewood Dr Akron, OH 44312

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored retail center; spaces from 1,000 sq ft.

    Lot size:
    8,858 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Ellet Acme Plaza, a vibrant shopping center in Akron's Ellet neighborhood, offers exceptional retail opportunities. This 2.5-acre property is anchored by a thriving Acme Fresh Market and Ace Hardware, ensuring high foot traffic and strong community presence. Currently, there are two available spaces, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 7,376 square feet. A total of 3,091 square feet is currently vacant, providing flexibility for various retail concepts. The center boasts a diverse tenant mix of retail, service, and convenience-oriented businesses, catering to the densely populated and stable Ellet community. Its prime location offers excellent visibility and convenient access, making it an ideal destination for shoppers. The property's strategic positioning within a busy grocery-anchored center guarantees a steady stream of potential customers. This presents a unique chance to establish or expand a business in a thriving, well-established commercial area. The available space is perfect for businesses seeking high visibility and a strong local customer base. Consider this opportunity to become part of a successful and well-regarded shopping center in a desirable Akron neighborhood.

    Property Features for 2420 Wedgewood Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,858 SF

    Unit(s) available at that property

    Space
    Available Space 5
    Size
    7,376 SF
    Space
    Space Available
    Size
    1,482 SF

    HighLights

    • Retail property in Akron, Ohio's Ellet neighborhood.
    • Two available spaces ranging from 1,000 to 7,376 square feet.
    • 3,091 square feet of vacant space currently available.
    • Grocery‑anchored shopping center with Acme Fresh Market and Ace Hardware.
    • Located on a 2.5‑acre lot in Summit County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mr. Beane's This ... Home Goods Store Vital Records Control Shredding Service Summit County Training ... County Government Office Acme Pharmacy Pharmacy Amazon Counter - Mr. ... Shipping And Mailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4419758
    Latitude
    41.0478561

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    FAQs

    What type of property is this?
    Lifestyle center - Grocery-anchored retail center; spaces from 1,000 sq ft.
    Where is this lifestyle center located?
    The property is located at 2420 Wedgewood Dr Akron, OH.
    What are key features of this property?
    This property features: Retail property in Akron, Ohio's Ellet neighborhood.; Two available spaces ranging from 1,000 to 7,376 square feet.; 3,091 square feet of vacant space currently available.
    Request Owner's contact information
    2420 Wedgewood Dr Akron, OH 44312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2420 Wedgewood Dr Akron, OH 44312
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