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Property profile & analytics
OFF-MARKET
Commercial real estate

176 Main St Kent, OH 44240

Built 1920
Entity Owned 4-yr Hold
Property ID
US66-2120556
Property summary
AI-generated overview

This exceptional downtown Kent property presents a unique investment opportunity. The building, a former hotel bar known as the Franklin, boasts over 3,200 square feet of adaptable space, fully compliant with ADA standards. Constructed in 1920 and extensively renovated in 2013, this five-story building offers a blend of historic charm and modern functionality. The property sits on a 0.26-acre lot and is zoned C-D, providing flexibility for a variety of uses. While the building currently features a fully furnished interior, including kitchen equipment, it's important to note that it lacks a commercial hood. The absence of designated parking spaces might require creative solutions for patrons, but the central downtown location offers excellent walkability and public transportation access. The property's rich history and prime location make it an ideal canvas for a discerning entrepreneur seeking a unique and established space. The APN is 17-024-20-00-016-000, and the property is located in Portage County. This is a single-building property with multiple tenancy potential.

Property profile
Verified
Property type Commercial real estate
Year built 1920
UPID US66-2120556
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Buffalo Wild Wings Restaurant
  • The Standard Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Acorn At Kent LLC · 4 yrs held
Acorn At Kent LLC
since 2022
1 recorded transaction
2022
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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