9660 Center St Windham, OH 44288
- Strip malls
- 18,085 SF
- 2.25 lot acres
Current Use by Public Records
- Strip malls
Property Details for 9660 Center St
- Year built
- 1965
- Lot size
- 2.25 lot acres
- Property size
- 18,085 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 41-046-00-00-003
- APU
- 410460000003
Description
This exceptional 18,085 square foot retail property, situated on a 2.25-acre lot at 9660 E Center Street in Windham, Ohio, presents a remarkable investment opportunity. The building boasts a rich history of diverse commercial tenants, including a salon, pharmacy, bakery, grocery store, bank, and restaurant, showcasing its adaptability and strong location. The substantial size and layout offer significant potential for a variety of uses, making it ideal for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. The property includes a convenient and spacious parking lot, ensuring ample space for customers and employees. The building's ground floor layout provides excellent visibility and accessibility. Prospective buyers are advised to independently verify current zoning regulations and permitted uses with the relevant authorities to ensure alignment with their intended business operations. This property offers a unique chance to acquire a well-located, versatile commercial space with a proven track record in a thriving community. The asking price is $499,900. Don't miss this chance to capitalize on the significant potential of this prime retail location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $450,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $480,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $495,000
- Mixed-Use
- $530,000
- Hospitality
- $465,000
- Educational
- $525,000
- Residential Income
- $480,000
- Energy
- $560,000
- Income-Based Land
- $580,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Windham
- County
- Portage
- State
- Ohio
- Longitude
- -81.0426
- Latitude
- 41.2349
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA