61 Waterloo Rd Akron, OH 44319-1227
This exceptional 2,053 square foot commercial property presents a unique investment opportunity in a high-growth area of Akron, Ohio. Situated on a 0.57-acre lot at 61 E Waterloo Road, this property boasts a prime location near a busy intersection and the expressway, ensuring high visibility and accessibility. Its proximity to S. Main St. further enhances its strategic advantage. The property features convenient off-street parking, a significant benefit for both employees and customers. The existing structure offers substantial potential for redevelopment and expansion, capitalizing on the considerable "new synergy" in the surrounding area. This translates to a strong potential for increased property value and rental income. The property's size and location make it suitable for a variety of commercial uses, presenting a compelling opportunity for investors seeking a high-return investment in a thriving Akron market. The asking price of $250,000 reflects the significant potential of this property and its strategic location. Serious inquiries are encouraged.
-
Louisiana Famous Fried Chicken Restaurant
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.