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Property profile & analytics
OFF-MARKET
Turn key restaurants

61 Waterloo Rd Akron, OH 44319-1227

2,053 SF 0.57 ac lot Built 1971
Individually Owned 1-yr Hold Free & Clear
Property ID
US66-2132340
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Construction FRAME
Total area 2,053 SF
Lot 0.57 ac (25,003 SF)
APN 67-47068
UPID US66-2132340
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
  • Louisiana Famous Fried Chicken Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Amjed Samad · 1 yrs held
Amjed Samad
since 2025
Last sale
$150,000
5 recorded transactions
2025
$150,000
2025
Price N/A
2018
Price N/A
2017
$165,000
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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