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    641 Massillon Rd Akron, OH 44306-3301
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    Property profile & analytics

    641 Massillon Rd Akron, OH 44306-3301


    • Turn key restaurants
    • 4,402 SF
    • 0.46 lot acres
    Off-Market
    Last Sale May 21, 2024
    $200,000
    Property ID
    US66-5882888
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Royal Rugs LLC / (Bike/Boat/Book/etc) Store / Carpet & Flooring Store
    • Oldies & Goodies Family Diner / Restaurant
    • Jack's Happy Landing / Bar & Pub

    Property Details for 641 Massillon Rd

    Year built
    2005
    Construction
    FRAME
    Lot size
    0.46 lot acres
    Property size
    4,402 SF
    Property type
    Turn key restaurants
    APN
    67-62566
    APU
    6762566

    Description

    This exceptional investment opportunity presents a thriving multi-tenant commercial property in Akron, Ohio. The 4,402 square foot building, constructed in 2005, sits on a 0.455-acre lot and boasts a prime location at 641 Massillon Rd, zip code 44312. The property currently houses two established businesses: a well-regarded neighborhood bar, "Jack's Happy Landing," and "Oldies & Goodies Classic Family Diner," a popular family restaurant. The bar features approximately 25 bar stools, 8 tables, a pool table area, and two restrooms. It includes a D1, D2, and D3 liquor license, and all furniture, fixtures, and equipment are included in the sale. The restaurant, currently leased for $500 per month, offers seating for approximately 30 patrons and two restrooms; most furniture, fixtures, and equipment remain. A full basement provides ample storage space, and approximately 30 parking spaces are available. The property is zoned U-3 and features a single-story building. This turnkey operation offers significant income potential with an established tenant and the owner-operated bar. The asking price is $425,000. This is a rare chance to acquire a profitable, established commercial property in a desirable Akron location.


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    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4626
    Latitude
    41.0441
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,337
    $21,000
    $47,320
    $68,320
    -
    $60,000
    $135,210
    $195,210
    More about this property
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