330-671-7767
711 Johnston St, Akron, OH for Sale
Warehouse - FOR SALE
1/6
null | Request Cap Rate

711 Johnston St
Akron, OH 44306
East End


HIGHLIGHTS

  • 711 Johnston Street presents 98,246 square feet ready to be converted/redeveloped, with approved self-storage plans.
  • Prominently located at the central interchange in Akron of Interstates 77, 76, and Route 8; approximately 1 mile from the University of Akron.
  • $1.75M in historic tax credits and a complete set of approved self-storage plans provide a shovel-ready redevelopment opportunity.
  • Current features include four loading docks, one (10’x10’) drive-in door, and all five floors equipped with a freight elevator shaft.
  • University of Akron's large student population and annual housing turnover drive consistent demand for self-storage throughout the Akron market.
  • Absolute auction | Starting bid $1.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Conversion with Self-Storage Pre-Approved

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1921

UTILITIES

Gas, Water - City, Sewer - City, Heating

CLEAR CEILING HT

12 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.62

LAND SF

70,567

ZONING

U-4

APN/PARCEL ID

68-30719

ASK ABOUT THIS PROPERTY

Ronald MidcapNAI Pleasant ValleyMore Info
330-671-7767

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Ronald MidcapNAI Pleasant ValleyMore Info
330-671-7767

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