For Auction

Former Walgreens | Signalized Corner, Adaptive Reuse Upside

1303 Copley Road,
Akron, OH 44320

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Freestanding Retail
Retail Subtype
21,839
Vehicles Per Day
1.69 Acres
Land Area
13,500 SF
Property Size

Investment Highlights

Signalized Corner on Copley Rd & S Hawkins
Frontage on Copley Rd (12,675 CPD) and S Hawkins Ave (9,164 CPD) at a signalized intersection.
Former Walgreens Drugstore Box With Parking
Existing 13,500 SF freestanding building with surface parking on a ±1.69-acre commercial parcel.
Owner-User, Investor, or Redevelopment Path
Commercial zoning and existing improvements support reuse; redevelopment would require approvals.
190,454 Residents Within a 5-Mile Radius
Trade area includes 84,257 households and 7,914 businesses employing 103,737 workers within 5 miles.
Retail Node With Nearby I-77 Connectivity
Save A Lot, Circle K, CVS, and Boost Mobile operate nearby, with I-77 (82,434 CPD) west of the site.
12,652 Residents and Schools Within 1 Mile
Dense residential blocks surround the site, with Schumacher and Buchtel learning centers close by.

Offering Summary

Brokered by Landmark Commercial Real Estate Services and powered by RealINSIGHT Marketplace, 1303 Copley Rd in Akron, OH is a 13,500 SF freestanding former Walgreens building on a ±1.69-acre commercially zoned parcel. The site sits at the signalized corner of Copley Rd (12,675 CPD) and S Hawkins Ave (9,164 CPD), with frontage on both roads and a surface parking field surrounding the building. The existing improvements position the asset for an owner-user seeking a ready-made retail box, an investor pursuing a re-tenanting strategy, or a buyer evaluating adaptive reuse or redevelopment, subject to required approvals. Annual property taxes total $31,906. The Copley Rd corridor functions as a neighborhood retail node, with Save A Lot, Circle K, CVS, Boost Mobile, and a range of local businesses nearby, and I-77 (82,434 CPD) lies to the west for regional connectivity. Established residential neighborhoods surround the property, supporting 12,652 residents within one mile and 190,454 within five miles, along with 7,914 businesses employing 103,737 workers within the five-mile trade area. The surrounding Akron economy is supported by healthcare, education, manufacturing, retail, and professional services, sustaining demand for convenience-oriented retail and neighborhood services.

Due Diligence

Location

The property occupies the signalized southeast corner of Copley Rd and S Hawkins Ave on Akron’s west side, roughly between I-77 and the city’s urban core. Dense residential neighborhoods surround the site, housing 12,652 residents within one mile, while Save A Lot, CVS, Circle K, and several community learning centers nearby generate steady daily traffic along the corridor.

190,454
Residents within 5 miles
103,737
Employees within 5 miles
82K VPD
Traffic on nearby I-77

Transaction Managers

Hampton Gomila
Marketplace
Darlene Johnson
Marketplace

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Thomas Seaman
Auctioneer
License: 2007000016

Need Help?

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Auction Opens In
38d 22h 12m 56s
$150,000
Starting Bid
Register To Bid
Bidding Opens
Bidding Closes

Investment Sales Brokers

Jack Melton
Landmark Commercial Real Estate
Eli Neuman
Landmark Commercial Real Estate
Brian Brockman
Bang Realty
OH License: 201236414

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.