1014-1016 Kenmore BlvdAkron, OH 44314

For Sale
$225,000

Two income-producing properties, prime Kenmore Blvd. location.

Overview

Added:
Feb 3
Days on market:
39
This exceptional offering presents two adjacent commercial properties at 1014-1016 Kenmore Boulevard in Akron, Ohio, totaling 2,460 square feet on a 0.16-acre lot. Priced at $225,000, this investment opportunity boasts immediate cash flow and significant upside potential. The first building is a multi-use brick structure featuring a ground floor ideal for retail, office, or service businesses. Convenient front and rear entrances provide easy access, complemented by ample rear parking. A remodeled two-bedroom, one-bathroom apartment occupies the upper level, currently leased for $850 per month. The second property, also located on Kenmore Boulevard, is a two-story commercial building with a spacious ground floor suitable for retail, restaurant, or office use. The upper level provides additional office space or expansion potential. An attached, remodeled efficiency apartment generates an additional $650 monthly rental income. Both properties have recently undergone significant updates, including new furnaces, air conditioning units, and water heaters, ensuring optimal functionality and minimizing future maintenance costs. This combined offering presents a rare chance to acquire two established income-generating properties in a high-visibility location with diverse potential uses. The properties' current rental income provides immediate return on investment, while the versatile spaces offer ample opportunity for growth and expansion.

Property Details for 1014-1016 Kenmore Blvd

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
2,460 SF
Year Built
1917
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.04252
Longitude
-81.56022
1014-1016 Kenmore Blvd, Akron, Ohio

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1014-1016 Kenmore Blvd
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