302 Water StKent, OH 44240

  • Industrial properties
  • 11,244 SF
For Lease
$12/SF/YR View listing

Property Details for 302 Water St

Year built
1950
Lot size
0.39 AC
Property size (Sq ft)
11,244 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
17-025-30-00-031
APU
170253000031

Description

This exceptional 11,000 square foot industrial property, located at 302 N Water St in Kent, Portage County, offers a unique blend of warehouse and flex space. Built in 1950, this single-tenant building sits on a 0.391-acre lot and is classified as Class B. The property features a highly visible street-level storefront on a heavily traveled thoroughfare, providing excellent exposure for any business. Its convenient location within the Commercial Downtown zoning district (C-D) places it minutes from State Route 43, the heart of downtown Kent, and Kent State University. The property's single-story design maximizes efficiency and accessibility. The building's APN is 17-025-30-00-031-000. This versatile space is ideal for a variety of uses and presents a significant opportunity for businesses seeking a prominent location with ample square footage. The property is situated within the designated DORA (Designated Outdoor Refreshment Area) boundaries, adding to its appeal and potential. This is a rare opportunity to acquire a well-positioned industrial property in a thriving area. The building consists of one structure with no additional suites.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,447,590
    Hospitality
    $2,241,980
    Educational
    $1,865,301
    Medical
    $1,929,451
    Retail
    $2,901,579
302 Water St, Kent, Ohio

Location Insight

City
Kent
County
Portage
State
Ohio
Latitude
41.1567
Longitude
-81.3584
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
$8,049
$28,600
$88,240
$116,840
-
$81,700
$252,100
$333,800

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