$575,000 USD
231-633-1642
215 E Waterloo Rd
Akron, OH 44319
Firestone Park
HIGHLIGHTS
- Great visibility & excellent highway access: Sits on heavily trafficked commuter/service route; Less than 1 mile to the I- 77/US-224 interchange
- Value-Add Opportunity – Most leases are month-to- month, allowing immediate potential to stabilize income through renewals and market-rate adjustments
- Established Tenant Base – Several long-term tenants in place, providing built-in occupancy and income continuity
- Recent Capital Improvements – New roof, upgraded HVAC, new windows and plumbing
- Flexible Floor Plan – Multiple suites accommodate a range of small to mid-size tenants
- Professional Management in Place – Recently transitioned from family-run to professionally managed operations
OVERVIEW
215 E Waterloo Rd offers investors the chance to acquire a well- located, multi-tenant office property with built-in upside. Formerly family-owned and only recently transitioned to professional management, the building currently features a mix of month-to- month tenants and several long-term tenants.
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
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
ASK ABOUT THIS PROPERTY
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231-633-1642
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231-633-1642
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