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105 Fir Hl - Martin House
2.92 Acres of Commercial Land Offered at $1,300,000 in Akron, OH 44325
Property Facts
Price | $1,300,000 | Property Subtype | Commercial |
Sale Type | Investment | Total Lot Size | 2.92 AC |
No. Lots | 1 | Opportunity Zone |
Yes
|
Property Type | Land |
Price | $1,300,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 2.92 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | $1,300,000 | Lot Size | 2.92 AC |
Price Per AC | $445,205 |
Price | $1,300,000 |
Price Per AC | $445,205 |
Lot Size | 2.92 AC |
Description
Originally a Georgian Revival style building that served as a men’s’ club tailored to the rubber industry in Akron. Rehabilitation could generate millions in revenue depending upon anticipated use, and would have significant impact on the local economy. Opportunity Zone Investment and redevelopment opportunity for qualified developers, with a chance to restore the grandeur to one of Akron's historic treasures. Ideal for a boutique hotel, conference center, retail, offices, restaurants, banquet facilities or entertainment center, among other uses. Prime 2.92 acre site in the heart of Akron and the University. State and Federal tax incentives possible, as well as large Ohio Historic Tax Credits. Currently has 200 parking spaces. The University of Akron is accepting proposals through Cushman & Wakefield | CRESCO exclusively, and is not obligated to the sell the property.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $313,286 | |
Land Assessment | $122,661 | Total Assessment | $435,947 |
PROPERTY TAXES
zoning
Zoning Code | PDD1 |
PDD1 |
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105 Fir Hl - Martin House
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