194 Killian RdAkron, OH 44319

  • Other commercial real estate
  • 4,485 SF
For Sale
$240,000 View listing

Property Details for 194 Killian Rd

Year built
1936
Construction
FRAME
Lot size
0.11 AC
Property size (Sq ft)
4,485 SF
Property type
Other commercial real estate
APN
19-06348
APU
1906348

Description

This exceptional 4,300 square foot storefront property at 194 Killian Road in Akron, Ohio, presents a unique investment opportunity. Built in 1936 and extensively renovated in 2022, this two-story building boasts a prime location in Summit County, offering excellent visibility and accessibility. The main retail space comprises 2,422 square feet on the first floor, ideal for a variety of businesses. An additional 1,878 square feet on the second floor is currently configured as an apartment, providing potential for rental income or expansion of the retail space. The property sits on a 0.229-acre lot and includes a newer parking area and an overhead door, enhancing convenience and functionality. The asking price is $240,000, translating to $55.81 per square foot. The current owner is open to selling the associated business along with the real estate, or separately, offering flexibility for potential buyers. This landmark building represents a rare blend of historical charm and modern updates, making it an attractive proposition for discerning investors and entrepreneurs alike. The property's address is 194 Killian Rd, Akron, OH 44319.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $976,293
    Hospitality
    $894,279
    Educational
    $744,030
    Medical
    $769,618
    Retail
    $1,157,380
194 Killian Rd, Akron, Ohio

Location Insight

City
Coventry Township
County
Summit
State
Ohio
Latitude
40.9978
Longitude
-81.5167
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
$2,105
$7,000
$20,270
$27,270
-
$20,000
$57,900
$77,900

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