$575,000 USD
231-633-1642
215 E Waterloo Rd
Akron, OH 44319
Firestone Park
HIGHLIGHTS
- Great visibility: Positioned on a heavily trafficked commuter and service route
- Flexibility (Zoning & Layout): Ability to accommodate a range of small to mid-size tenants and flexible zoning allows a wide range of office, medical,
- Value-Add: Many MTM leases and a couple vacancies - easily stabilize through renewals and market-rate adjustments and leasing vacant spaces
- Recent Capital Improvements: New Roof, Upgraded HVAC, Updated Plumbing, New Windows
- Amenities: Plenty of on-site parking, in-suite restrooms, some units with private entrances, recent capital improvements
- Excellent Highway Access: Less than 1 mile to the I-77/US-224 interchange with quick connections to I-76, I-277, and SR-241.
OVERVIEW
Well-maintained and well-located multi-tenant office investment with upside potential in leasing the vacant suites. Many tenants are long-term tenants; some month to month leases. Rarely ever historically leased professionally. This is ideal for both investors and owner-occupants looking for an easily managed property with upside that is easily stabilized in a strong mixed-use Akron corridor.
FOR SALE DETAILS
PRICE
$575,000 USD
PRICE/SF
$29 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Waterloo Center | For Sale
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Loft/Creative Space
ADD'L SUBTYPES
Office/Residential
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
83
LAND DETAILS
LAND ACRES
0.69 AC
LAND SF
30,056 SF
ZONING
U-3
APN/PARCEL ID
68-29369
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231-633-1642
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231-633-1642
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