2500 Oh-59 Ravenna, OH 44266
- Specialty properties
- 44,050 SF
- 5.10 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 2500 Oh-59
- Year built
- 2007
- Lot size
- 5.10 lot acres
- Property size
- 44,050 SF
- Property type
- Specialty properties
- Property subtype
- Lifestyle centers
Description
Meadowview Square, a Class B, single-story shopping center totaling 44,050 square feet, presents a compelling investment opportunity in Akron's thriving retail market. Built in 2007, this property sits on 5.098 acres and boasts 172 parking spaces, ensuring ample convenience for shoppers and tenants. The center currently features 12 suites, with 4,480 square feet of vacant space available, divisible into units ranging from 2,080 to 2,400 contiguous square feet. Its strategic location, shadow-anchored by a Walmart and complemented by strong co-tenancy with Dollar Tree and Anytime Fitness, guarantees high visibility and foot traffic. The property benefits from its proximity to a 180-unit apartment complex and the significant student population of Kent State University, just a short distance away. The property is zoned commercial and located in Portage County, within the Cleveland-Akron-Canton submarket cluster. Annual property taxes are $2.31 per square foot. This well-maintained center offers a unique chance to capitalize on a vibrant retail environment with excellent growth potential. The property's strong tenant mix and strategic location make it an ideal investment for both seasoned and emerging investors seeking a stable and profitable retail asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ravenna
- County
- Portage
- State
- Ohio
- Longitude
- -81.3031
- Latitude
- 41.1566
