598 Kenmore Blvd Akron, OH 44314
- Flex space
- 6,627 SF
- 0.18 lot acres
Current Use by Public Records
- Akron Machine / Machine Shop
- Campbell Industries / Machine Shop
Property Details for 598 Kenmore Blvd
- Year built
- 1918
- Lot size
- 0.18 lot acres
- Property size
- 6,627 SF
- Property type
- Flex space
- APN
- 68-25062
- APU
- 6825062
Description
This exceptional commercial property at 598 Kenmore Boulevard in Akron, Ohio presents a fantastic investment opportunity. Boasting 6,627 square feet of versatile industrial space, this warehouse sits on a 0.47-acre lot and offers significant potential for a variety of businesses. The building features two large garage doors (one 12 feet, one 8 feet) providing easy access for loading and unloading. The property also includes two additional parcels of commercial land, totaling three parcels. Currently used as an industrial space, the building is adaptable to numerous uses, including warehousing, storage, landscaping, or automotive-related businesses. Interior features include two bathrooms, three furnaces, and three offices, along with ample storage space. The ceilings vary in height, with 12-foot ceilings in the main area, 10-foot ceilings in the rear, and 14-foot ceilings in the drive bay. Recent improvements include a complete paint job, electrical upgrades to 480v, new lighting, and the installation of two one-ton Harrington cranes. Two large 60hp Sullair compressors (recently serviced) and a 7.5 hp Ingersol Rand compressor are also present, but are available for separate purchase. The asking price of $229,900 does not include these pieces of equipment. The existing business operating within the building is not included in the sale. This property offers a unique blend of space, location, and recent upgrades, making it an ideal choice for a discerning buyer.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $90,000
- 6.5%
- $105,000
- 7%
- $100,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $110,000
- Geo Method
- $90,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $90,000
- Retail
- $90,000
- Mixed-Use
- $120,000
- Hospitality
- $105,000
- Educational
- $95,000
- Residential Income
- $110,000
- Energy
- $100,000
- Income-Based Land
- $105,000
- Food Service
- $115,000
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.5459
- Latitude
- 41.0456
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
