19 Arlington StAkron, OH 44305

  • Other commercial real estate
  • 18,530 SF
For Lease
$13/SF/YR View listing

Property Details for 19 Arlington St

Year built
1947
Lot size
0.46 AC
Property size (Sq ft)
18,530 SF
Property type
Other commercial real estate
APN
67-39340
APU
6739340

Description

This exceptional 9,540 square foot retail space, previously occupied by Family Dollar, presents a unique investment opportunity in a high-traffic location. Situated less than two miles from downtown Akron, Ohio, and in close proximity to Route 8, this single-tenant property benefits from exceptional visibility and accessibility. The property enjoys a strong demographic advantage, with over 256,000 residents within a five-mile radius, many of whom are within easy walking distance. High daily traffic counts on N. Arlington Street (over 8,000 vehicles) and nearby E. Market Street (over 14,000 vehicles) ensure significant exposure for any business. The property's strategic location offers substantial potential for a variety of retail uses. Furthermore, there's an opportunity to expand the footprint by approximately 8,800 square feet. This additional space is available through a potential lease buyout, with the existing lease expiring January 1, 2026. This presents a chance to significantly increase the property's overall size and revenue potential. This property is ideal for an owner-user or an investor seeking a strong return in a thriving market. The combination of high traffic, strong demographics, and expansion potential makes this a truly compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,033,604
    Hospitality
    $3,694,760
    Educational
    $3,073,997
    Medical
    $3,179,716
    Retail
    $4,781,773
19 Arlington St, Akron, Ohio

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.073
Longitude
-81.4902
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
$9,368
$22,930
$78,870
$101,800
-
$65,520
$225,340
$290,860

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].