575 Exchange St Akron, OH 44306
- Commercial real estate
- 5,850 SF
- 0.07 lot acres
Current Use by Public Records
- Exhale Hookah / Hookah Bar
Property Details for 575 Exchange St
- Year built
- 1967
- Lot size
- 0.07 lot acres
- Property size
- 5,850 SF
- Property type
- Commercial real estate
- APN
- 68-36899
- APU
- 6836899
Description
This attractive, freestanding retail building in Akron, Ohio, is offered at $575,000. Located at 575 E Exchange St, 44306, this 0.77-acre property boasts a convenient location near Route 8 entrance/exit ramps and the University of Akron. The building features a large showroom, a warehouse with a mezzanine level, a 12' overhead door and dock, a partial kitchen, several offices, and four restrooms. Ample parking is available in front and to the side, accommodating both cars and trucks. Recent improvements include a new roof and new flooring. The building is zoned U-4 and U-5, allowing for flexible commercial uses. An occupancy permit is in place for 120 occupants. A current tenant occupies the space until October 2024. This property presents a strong investment opportunity due to its versatile design, prime location, and recent upgrades. Significant storage space is available both inside and outside the building.
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
- -81.5029
- Latitude
- 41.0714
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
