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1006 Grant St

72,909 SF Industrial Building Akron, OH 44311 $2,300,000 ($32/SF)

Investment Highlights

  • Located within an established residential/light industrial neighborhood in SW quadrant of Interstates 76 & 77
  • Close proximity with excellent access to I-76, I-77, the University of Akron, and Downtown Akron

Executive Summary

Multi-use commercial complex
4 Buildings on 6 parcels on 3.8118/AC with 74,157/SF. 3 Industrial buildings and 1 dwelling, along with 3 vacant residential lots used as truck storage
1033 Bellows Street - 1-story, 12,264 SF warehouse originally constructed in 1953, sprinkled and previously used as a retail store and thereafter food storage/distribution.
1066 Grant Street - Warehouse/office space with multiple interior truck bays and an attached high bay crane building built in 1993; 23,095/sf warehouse and 5,250/sf high bay.
1018 Grant Street - former adult rehabilitation center. 1-story with partial 2nd floor. 2nd floor contains the residential portion (8,260/sf - dorm structure). 1st floor mix of office space and day rooms, along with a cafeteria and commercial kitchen (24,040/SF).
1022 Gran Street - Residential dwelling (1,248/SF)
Close proximity with excellent access to I-76, I-77, the University of Akron, and Downtown Akron

Property Facts

Price $2,300,000
Price Per SF $32
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.10 AC
Rentable Building Area 72,909 SF
No. Stories 1
Year Built/Renovated 1953/1993
Tenancy Single
Parking Ratio 0.34/1,000 SF
Opportunity Zone Yes

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
68-07328
Land Assessment
$2,272
Improvements Assessment
$1,498
Total Assessment
$3,770

zoning

Zoning Code U-4, Commercial (The vacant parcels on the west side of Bellows are zoned residential (U-1). The other 3 parcels are zoned U-4 Commercial.)
U-4, Commercial (The vacant parcels on the west side of Bellows are zoned residential (U-1). The other 3 parcels are zoned U-4 Commercial.)
  • Listing ID: 34256417

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 1006 Grant St, Akron, OH 44311

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