4574 State Route 43Kent, OH 44240

Property Details for 4574 State Route 43

Year built

1935

Lot size

0.43 AC

Property size (Sq ft)

1,600 SF

Property type

Retail properties

Property subtype

Retail space

APN

04-023-00-00-046

APU

40230000046

Description

This exceptional single-story commercial property, located at 4574 State Route 43 in Kent, Ohio, presents a compelling investment opportunity. The 1,617 square foot building, constructed in 1935 and renovated in 1996, sits on a sizable 0.43-acre lot at the corner of Route 43 and Brimfield Road, ensuring excellent visibility and accessibility. Classified as a Class C property, it offers a single tenancy configuration, ideal for a variety of uses. The property's versatile nature makes it suitable for office, retail, or other commercial ventures. Its prime location in Portage County, Ohio, with a 44240 zip code, provides easy access to a thriving community. The building's substantial size and prominent location make it an attractive option for businesses seeking high visibility and ample space. The property's APN is 04-023-00-00-046-000. This is a rare opportunity to acquire a well-maintained commercial property in a desirable location with significant potential for growth. The asking price is $259,000.

• CAP approach

  CAP return

  Valuation

  6%

  $447,297

  6.5%

  $412,889

  7%

  $383,397

• Comparable approach

  Method

  Valuation

  Relative Method

  $377,153

  Geo Method

  $377,153

• Alternative Use

  Use

  Valuation

  Residential

  $348,287

  Hospitality

  $319,029

  Educational

  $265,429

  Medical

  $274,557

  Retail

  $412,889

Location Insight

City

Kent

County

Portage

State

Ohio

Latitude

41.114

Longitude

-81.3474

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].