This commercial storefront space contains 1,880 square feet and is located at 124 S Water St in downtown Kent, Ohio (44240). The site sits on a 0.0069-acre lot. The space is configured as a ground-floor storefront and has suitability for uses such as retail, office, or creative business operations, with renovations needed to tailor the interior to specific tenant requirements. The property is positioned near Kent State University, offering access to downtown amenities and pedestrian activity.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$8k

Tax billed · 2023

Assessed value$110k

Assessed land$13k

Assessed improvement$98k

Effective rate6.89%

Value estimate

· Oct 2026

$185k

$167k – $204k

AI approach$245k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?

$75/SF

ZIP average, outlier-cleaned · 30 recorded sales of this use type

Observed band · Q1–Q3$31 – $95

Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTAGE

Location intelligence

Which uses thrive at this corner?

Best fit: Dental Office

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Dental Office17.9

Hair Salon12.8

Spa & Massage12.4

124 Water St Kent, OH 44240-3524

County assessor Recorded deeds · 4 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 properties nearby

No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.

Similar Nearby for Sale

$185,000

1,176 SF

Two-Unit Office Building

Unit B offers a right-sized office configuration with prominent exposure along State Route 43.

B-4222 State Route 43, Kent, OH 44240

View Details
New

Contact for pricing
10,962 SF

Two-Story Office Building

Two-floor office building with 5,481 SF available now, built in 1975 and zoned Industrial District.

275 Martinel Drive, Kent, OH 44240

View Details
$185,000

0.22 Acres

Office Condominium Suite

Four offices, a reception area, and front and rear parking serve the commercial space.

4222 State Route 43, Kent, OH 44240

View Details

Similar Nearby for Lease

New

$600/Mo

Flexible Lower-Level Office Suites

Private commercial suites offer varied layouts, utilities, shared amenities, parking, and accessible entryways for office users.

335 W Main Street Suite #3, Kent, OH 44240

View Details
New

$3,153/Mo

Office Suite with Riverwalk Views

Five private offices, a reception area, kitchen, restroom, and built-in workstation create a functional professional setting.

102-265 W Main St, Kent, OH 44240

View Details

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124 Water St Kent, OH 44240

Property summary