2404 4th St Cuyahoga Falls, OH 44221-2629
This exceptional mixed-use property in Cuyahoga Falls, Ohio, presents a compelling investment opportunity. Located at 2404 4th St, 44221, this 7,410 square foot building, constructed in 1926, boasts a three-story structure encompassing a thriving med spa, a stylish hair salon, and three updated two-bedroom apartments. The property offers a stabilized investment with a pro-forma NOI of $108,600. The building's prime location across from The Natatorium ensures high visibility and accessibility. The current configuration provides a blend of commercial and residential income streams, with projected monthly rental income estimated at $9,050, offering potential for further growth depending on future management strategies. This turnkey operation is ideal for investors seeking a diversified portfolio or entrepreneurs looking to establish a presence in a vibrant community. The property's modern finishes and inviting atmosphere create an attractive environment for both business clients and residential tenants. This is a rare opportunity to acquire a well-established, income-generating property in a desirable Ohio location.
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Abode Hair & Co Hair Salon Nail Salon
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JDV Med Spa Spa & Massage Center Alternative Medicine Practice
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Magnolia Bank Bank Loan Service
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Wisenet Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.