For Sale
$900,000

866 Wilbeth RdAkron, OH 44314

31,820 SF Retail Plaza, 6 Units, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 31,820-square-foot retail plaza located at 866 W Wilbeth Rd, Akron, OH 44314. The property, situated on a 3.21-acre lot, features six units within a single, one-story building, currently housing three tenants under a triple net (NNN) lease structure. The asking price is $900,000, translating to $28.28 per square foot. This Class C property is zoned U-5 Ordinary Industry, offering considerable flexibility for a variety of business uses. Its prime location in Akron's Kenmore neighborhood provides convenient access to major highways, including I-76, I-77, and US Route 224, ensuring high visibility and accessibility. The property's value-add potential makes it an attractive investment for those seeking a promising return. The property's features include a total of 31,820 square feet, six individual units, and a single building. The parcel number is 6735583. This is a multi-tenant property offering a diverse income stream. This is a compelling opportunity to acquire a well-located retail center in a growing market.

Highlights

  • 31,820 SF retail plaza building on a 3.21-acre lot in Akron, OH.
  • Six units available for lease in a single, one-story building.
  • U-5 Ordinary Industry zoning allows for flexible business uses.
  • Prime Kenmore location with convenient access to I-76, I-77, and US Route 224.
  • Ideal investment opportunity with a $900,000 asking price ($28.28/SF).

Property Details for 866 Wilbeth Rd

Property type
Lifestyle centers, Power centers
Square Feet
31,820 SF
Class
C
Buildings
1
Stories
1
Lot Size (sq. ft)
139,828 SF
Units
6

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.038688
Longitude
-81.5582063
866 Wilbeth Rd, Akron, Ohio

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866 Wilbeth Rd
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