1215 Kenmore Blvd Akron, OH 44314

This exceptional investment opportunity presents a 5,400 square foot retail property situated on a 0.25-acre lot at 1215 Kenmore Blvd in Akron, Ohio, Summit County (zip code 44314). The property, classified as Class C, features a single-story building with two units and is currently 50% occupied. One unit operates as the Kenmore Mini Mart convenience store, boasting a recently installed $50,000 walk-in cooler, coffee counter, main counter, signage, and a 55-inch TV, all included in the sale. The second unit, accessible through a full basement, has been divided into three separate rooms. Both units include restrooms and storage, with access from the front and rear of the building. The property benefits from ample parking in front, back, and to the side. Significant recent improvements include a new 16-channel security camera system with DVR, steel security curtains/shutters, electrical panel upgrades, and a new water heater. Additional painting and repairs totaling approximately $10,000 have been completed. The property is zoned C (legal non-conforming) and features separate electric meters but a single gas meter. The building's net rentable area is 5,040 square feet, with an asking price of $349,900 ($64.80 per square foot). The current NOI is $29,500, yielding an 8.43% cap rate, while the pro-forma NOI is $51,500, projecting a 14.72% cap rate. Seller financing is available with negotiable terms. The property is being sold as-is and cannot be split. The business is also available for sale, with details provided upon execution of a contract. This presents a strong cash-flowing opportunity for the savvy investor.