1016 Kenmore Blvd Akron, OH 44314
- Retail space
- 7,680 SF
- 0.07 lot acres
Current Use by Public Records
- Retail space
Property Details for 1016 Kenmore Blvd
- Year built
- 1917
- Lot size
- 0.07 lot acres
- Property size
- 7,680 SF
- Property type
- Retail space
- APN
- 68-09725
- APU
- 6809725
Description
This exceptional two-story commercial property, situated on a 0.08-acre lot at 1016 Kenmore Boulevard in Akron, Ohio, presents a unique investment and development opportunity. Boasting 7,680 square feet of versatile space, the building is ideally suited for a variety of uses, including retail, office, or a mixed-use development. The ground floor offers a spacious, open layout perfect for a retail business, restaurant, or service-oriented establishment. The upper level provides functional office space, allowing for expansion or additional revenue streams. Adding to its appeal, the property includes an attached efficiency apartment, currently rented for $650 per month, providing immediate and consistent cash flow from a long-term tenant. This reliable income stream offers a significant advantage for investors. Recent upgrades include a new furnace, air conditioning system, and water heater, ensuring the building is well-maintained and energy-efficient. The high-visibility location on the bustling Kenmore Boulevard corridor guarantees significant foot traffic and exposure, making this a prime opportunity for those seeking a strong presence in a thriving Akron commercial area. The property's size and versatility, combined with its existing income stream and recent updates, make it an attractive proposition for both investors and business owners. Don't miss this chance to acquire a well-maintained, income-producing property in a desirable location. The asking price is $100,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.5602
- Latitude
- 41.0425
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA