166 Currie Hall PkwyKent, OH 44240

  • Retail properties
  • 0.47 AC
For Lease

Property Details for 166 Currie Hall Pkwy

Year built
1981
Lot size
0.47 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
45-004-00-00-055
APU
450040000055

Description

This exceptional single-tenant retail property, located at 166 Currie Hall Parkway in Kent, Ohio, presents a unique investment opportunity. The 2,111 square foot building sits on a 0.94-acre lot and is classified as Class C. Constructed in 1978, the single-story structure offers a turnkey operation, ideal for an established business seeking a ready-to-go location or an entrepreneur looking to launch a new venture. The property is zoned C, allowing for a variety of commercial uses. The sale includes not only the building itself but also the existing liquor license and all equipment, providing a seamless transition for the new owner. An adjacent parcel is also included in the sale, offering potential for expansion or additional development. The property's address is 166 Currie Hall Pkwy, Kent, OH 44240, and its Portage County APN is 45-004-00-00-054-000. While parking spaces are not explicitly listed, the substantial lot size suggests ample potential for parking solutions. This is a rare opportunity to acquire a well-established, turnkey retail business in a desirable Kent location. The property is available for both sale and lease, offering flexibility to prospective buyers and tenants. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,723,440
    6.5%
    $5,283,175
    7%
    $4,905,806
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,825,912
    Geo Method
    $4,825,912
  • Alternative Use

    Use
    Valuation
    Residential
    $4,456,556
    Hospitality
    $4,082,181
    Educational
    $3,396,327
    Medical
    $3,513,132
    Retail
    $5,283,175
166 Currie Hall Pkwy, Kent, Ohio

Location Insight

City
Kent
County
Portage
State
Ohio
Latitude
41.1351
Longitude
-81.359
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
$979
$16,140
-
$16,140
-
$46,100
-
$46,100

FAQs

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