262 South St Akron, OH 44311
- Retail properties
- 9,180 SF
- 0.67 lot acres
Current Use by Public Records
- Retail properties
Property Details for 262 South St
- Year built
- 2007
- Lot size
- 0.67 lot acres
- Property size
- 9,180 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This 9,180 square foot vacant retail building, built in 2007, presents a unique investment opportunity in Akron, Ohio. Formerly a Family Dollar, this Class C property boasts a prime location at 262 E South St, conveniently situated near Route 8, between Interstate 77 and E. South Street, benefiting from high daily traffic counts exceeding 137,000 vehicles. The 0.67-acre lot (APN 6758855) is zoned for retail use and offers significant potential for various commercial ventures. The property's strategic location places it within a 5-mile radius of major attractions and institutions, including Summa Health System, The University of Akron, Canal Park, and the Akron Zoo, ensuring high visibility and accessibility to a substantial population base of over 215,000 people. The asking price is $550,000 ($59.91/sq ft). The seller is open to exploring flexible financing options. This is an exceptional opportunity for investors seeking a high-traffic, well-located retail space in a thriving Ohio market.
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
- -81.5177
- Latitude
- 41.0615
