1011 Gorge Blvd - Office FOR SALE


Akron, OH 44310- Chapel Hill
$1,400,000 USD
1011 Gorge Blvd, Akron, OH for Sale
$1,400,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

1011 Gorge Blvd
Akron, OH 44310
Chapel Hill


OVERVIEW

The Subject Property is a 23,753 SF two story former school building and a 6,653 SF outbuilding that sits on approximately 5 acres of land. The main building consists of 9,540 SF per floor available on two stories with 6 restrooms, ample classrooms, a small cafeteria, and a 3,500 SF gymnasium with 17'8" clear height. The gymnasium is equipped with a stage and a 14'5"x 12' drive in door. The building is fully sprinkled and just had a new boiler system put in last year. Half of the roof was replaced 3 years ago. The roof is an EPDM with 4.5 inches of insulation. The 6,653 SF outbuilding is equipped with five 12x18 garage doors and could be separated into 25x75 SF bays. Currently there is a month to month auto recovery tenant leasing the rear lot and one bay for $4,000/month. The approximately 5 acre campus is located within a minute of SR-8 highway for superior access to northeast Ohio region.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

ULB

APN/PARCEL ID

68-41315

ASK ABOUT THIS PROPERTY

Graydon FoxSVN | Summit Commercial Real Estate AdvisorsMore Info

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Graydon FoxSVN | Summit Commercial Real Estate AdvisorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.