302 N Water St, Kent, OH 44240
- Warehouses
- 11,244 SF
- 0.39 lot acres
Current Use by Public Records
- Record Nations / Storage Facility
Property Details for 302 N Water St
- Year built
- 1950
- Lot size
- 0.39 lot acres
- Property type
- Warehouses
- APN
- 17-025-30-00-031
- APU
- 170253000031
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2024 | $595,000 | Red Rooster Real Estate 3 LLC | Janet L Rhoads | Deed | $446k · Five Points Bank Of Hastings |
| — | — | Richard E Rhoads | — | Deed Of Trust · related | $50k · Home Savings Bank Fsb |
Description
This exceptional 11,000 square foot industrial property, located at 302 N Water St in Kent, Portage County, offers a unique blend of warehouse and flex space. Built in 1950, this single-tenant building sits on a 0.391-acre lot and is classified as Class B. The property features a highly visible street-level storefront on a heavily traveled thoroughfare, providing excellent exposure for any business. Its convenient location within the Commercial Downtown zoning district (C-D) places it minutes from State Route 43, the heart of downtown Kent, and Kent State University. The property's single-story design maximizes efficiency and accessibility. The building's APN is 17-025-30-00-031-000. This versatile space is ideal for a variety of uses and presents a significant opportunity for businesses seeking a prominent location with ample square footage. The property is situated within the designated DORA (Designated Outdoor Refreshment Area) boundaries, adding to its appeal and potential. This is a rare opportunity to acquire a well-positioned industrial property in a thriving area. The building consists of one structure with no additional suites.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $466,000
- AI Estimate
- $335,000
Market price range: $319k - $1.15MMarket price range: $221k - $840k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $715,000 Current use
- COMMERCIAL (GENERAL)
- $665,000 Change: -7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Kent
- County
- Portage
- State
- Ohio
- Longitude
- -81.3584
- Latitude
- 41.1567
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA