6055 Manchester RdAkron, OH 44319

Property Details for 6055 Manchester Rd

Year built

1855

Lot size

0.49 AC

Property size (Sq ft)

1,263 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

23-00667

APU

2300667

Description

This 0.487-acre commercial property, located at 6055 Manchester Road in New Franklin, Ohio (zip code 44319), is priced at $219,900. Zoned B-1 Light Commercial, it boasts 152 feet of frontage on Route 93, experiencing a daily traffic count of 8,268 vehicles. The property includes a large paved parking lot accommodating over 13 vehicles, plus a detached garage offering additional storage. Currently featuring a meticulously maintained building with a reception desk, lobby/waiting room, three offices/clinics, a large main office, and 1.5 baths on the first floor, and a second-floor break room/conference area with a wet bar, skylights, a fireplace, and refinished hardwood floors. The building is wired for 200-amp service, features steam heating with central air, and has a recently replaced hot water tank (2023) and exterior paint (2024). The septic system is under a maintenance contract. The property offers a multitude of commercial uses, or it could be easily converted back into a single-family home. Its proximity to Akron-Canton Airport (20 minutes) adds to its appeal. Seller financing is a possibility. The owner is retiring after 34 years at this location. This presents a unique opportunity for entrepreneurs seeking a well-maintained property in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $240,194

  6.5%

  $221,717

  7%

  $205,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $118,141

  Geo Method

  $118,141

• Alternative Use

  Use

  Valuation

  Residential

  $274,929

  Hospitality

  $251,834

  Educational

  $209,523

  Medical

  $216,729

  Retail

  $325,924

Location Insight

City

New Franklin

County

Summit

State

Ohio

Latitude

40.9402

Longitude

-81.5688

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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