372 Paul Williams St Akron, OH 44311
- Commercial real estate
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 372 Paul Williams St
- Year built
- 1924
- Lot size
- 0.08 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment property in downtown Akron presents a rare opportunity. Located at 372 Paul Williams Street, this established business has operated as a bar for two decades, benefiting from consistent patronage. Its prime location directly on the Towpath Trail provides unparalleled access to a high volume of foot traffic, cyclists, and outdoor enthusiasts. The property sits on a 0.08-acre lot, offering a strategic position between two major institutions: the expanding Akron General Hospital and the University of Akron. This proximity ensures a steady stream of potential customers from both the hospital staff and the university's student and faculty population. The property's long-standing history as a successful bar demonstrates its viability and potential for continued profitability. The asking price is $1,100,000. This represents a significant investment opportunity in a rapidly developing area of downtown Akron, offering strong potential for both short-term and long-term returns. The property's unique location and established business history make it an attractive proposition for discerning investors seeking a high-yield asset in a vibrant urban setting. Further details are available upon request.
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
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.5231
- Latitude
- 41.0762