Commercial for sale – 323 North Arlington St, Akron, OH 44305

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Property Site:

Extremely motivated seller! Bring your offers! Opportunity Knocks! Looking to invest in a property that can provide consistent and significant returns? 4500 SqFT of office space has been newly renovated in October of 2017. This light industrial building is being used for Warehouse/ Office space with some manufacturing. Just wrapped up the first year of a 5 year lease with excellent tenants. Buyer pays property tax, some small maintenance and insurance. The remaining is collected in the lease with an established Akron area business. This is a great opportunity for a 1031 Exchange needing to park their money quickly. With over 22,000 SqFT of space, this investment provides an impressive 10.2 Cap Rate with out any significant forthcoming maintenance expenses for several years. This opportunity has updated plumbing and new Electric w/ updated panels, new back warehouse roof and 15 years left on the office roof. (Ask your agent about the additional land that could be available as well.) Put your investment money to work and own an impressive piece of commercial Real Estate!

Bedrooms: 0
Bathrooms: 0.00
Square Feet: 0
Price: 9,900

MLS ID: 4040550

For more information about this property, please contact Blaise Rosser at 330-419-0420 or [email protected]. You can also text 5277554 to 67299.

11/12/2018 08:32:04 pm

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