1969 Cleveland Massillon RdAkron, OH 44333

Property Details for 1969 Cleveland Massillon Rd

Year built

1900

Construction

FRAME

Lot size

0.41 AC

Property size (Sq ft)

8,880 SF

Property type

Retail properties

Property subtype

Retail space

APN

04-00080

APU

400080

Description

This exceptional Akron, Ohio property, located at 1969 N Cleveland Massillon Rd, offers three available retail or office spaces ranging from 500 to 2,700 square feet. Situated on 0.67 acres, this two-story building totals 8,100 square feet and boasts a prime location along Bath Township's historic Heritage Corridors. Recently renovated in 2024, the building features convenient access to major highways including I-77, I-271, I-71, and I-80, ensuring excellent accessibility for clients and employees. The building was originally constructed in 1913 and offers twelve parking spaces. Electric power is provided. High visibility from the street allows for prominent signage, enhancing your company's local presence. This is a unique opportunity to establish or expand your business in a thriving Akron location. The property is ideal for coworking spaces or creative office tenants. Cross street is Ira Rd. The property is zoned for retail and office use.

• CAP approach

  CAP return

  Valuation

  6%

  $2,482,496

  6.5%

  $2,291,535

  7%

  $2,127,854

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,093,201

  Geo Method

  $2,093,201

• Alternative Use

  Use

  Valuation

  Residential

  $1,932,996

  Hospitality

  $1,770,614

  Educational

  $1,473,130

  Medical

  $1,523,793

  Retail

  $2,291,535

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.1891

Longitude

-81.6359

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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