Active
118 W Market Street
Akron OH, 44303
$2,750,000
$74.37 per sqft
Active
36,979 sqft
Commercial
Built in 1932
Attention developers and business owners! Here's your chance to own a versatile property in Akron that's bursting with potential. Almost 37,000 square feet of retail and warehouse space awaits your creative vision, just minutes from Route 8 and I-77. This prime development opportunity is strategically positioned as close to Downtown Akron as you can get, offering unparalleled convenience and accessibility for your business ventures.
The property, zoned for U4 commercial and U3 retail use, opens doors to a myriad of possibilities. Whether you envision a mixed-use development incorporating retail, office, or multifamily spaces, this property provides the ideal canvas for your ambitions. With the existing structure capable of accommodating additional levels, the potential for high-density multifamily housing with over 100 units or even a hotel is within reach.
Ample parking and a rich history as the "Gateway to Akron" or "Cadillac Hill" add further allure to this investment opportunity. Plus, with three-phase power already available on-site, you can hit the ground running with your development plans.
Seize this unique opportunity to be a part of Akron's growth and success story.
5029888
MLSⓇ ID
April 10, 2024
Listed
November 24, 2024
Updated
Map
118 W Market Street
Akron OH, 44303
Interior Features
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
0.51 Acres
Roof
Flat
Sewer
Public Sewer
School Information
School District
Akron CSD - 7701
Other Property Details
Taxes
$10,740
Tax Frequency
Annually
Days on Market
234
Garage
No
Parking
On Site, Paved, On Street
View
No
County
Summit
Municipality
Akron
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
6/17/2024 | Price change | $2,750,000 -9% |
Courtesy of Keller Williams Legacy Group Realty
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joe Tupta shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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