215 E Waterloo Rd, Akron, OH for sale

Investment 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.

Investment 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, and service-related uses.
• 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.