For Sale
$175,000

1379 Main StAkron, OH 44301

High-yield Akron industrial property. Tenant & billboard income.

Overview

Added:
Feb 3
Days on market:
60
This exceptional 0.26-acre industrial property at 1379 S Main Street, Akron, OH, presents a lucrative investment opportunity. Located within Akron's revitalization zone, the property features a fenced lot and an existing mechanic garage, currently generating substantial income. A tenant occupies the garage, paying a monthly rent of $1,500, plus utilities. Further enhancing the property's profitability is a billboard lease generating $2,800 per month. The combined monthly income stream provides a strong return on investment. The property's zoning and location within the revitalization zone offer significant potential for future development. This could include expanding the existing structure, constructing a new commercial building, or leveraging the high-traffic location for additional income-generating opportunities. The existing infrastructure, including the fenced lot and mechanic garage, provides a solid foundation for immediate income and future growth. This is an ideal property for investors seeking a blend of immediate cash flow and long-term development potential in a rapidly developing area of Akron. The property's strategic location and current income streams make it a compelling investment opportunity. Serious inquiries are encouraged to explore this promising commercial property.

Property Details for 1379 Main St

Property type
Industrial properties
Year Built
1920
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.04945
Longitude
-81.52782
1379 Main St, Akron, Ohio

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1379 Main St
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