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105 Fir Hl - Martin House 2.92 Acres of Commercial Land Offered at $1,300,000 in Akron, OH 44325

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105 Fir Hill

PROPERTY FACTS Under Contract

Price	$1,300,000	Property Subtype	Commercial
Sale Type	Investment	Total Lot Size	2.92 AC
No. Lots	1	No. Stories	2
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	PDD1

Price	$1,300,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	2.92 AC
No. Stories	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	PDD1

1 LOT AVAILABLE

Lot

Price	$1,300,000	Lot Size	2.92 AC
Price Per AC	$445,205.48

Price	$1,300,000
Price Per AC	$445,205.48
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.

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Walk Score®

Very Walkable (78)

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PROPERTY TAXES

Parcel Numbers	Multiple 68-54837 67-56811 67-56812	Improvements Assessment	$313,286
Land Assessment	$122,661	Total Assessment	$435,947

PROPERTY TAXES

Parcel Numbers

Multiple

68-54837
67-56811
67-56812

Land Assessment

$122,661

Improvements Assessment

$313,286

Total Assessment

$435,947

(216) 235-1559

CONTACTS

Rico Pietro
Robby Martinelli
Kirsten Paratore
Cushman & Wakefield | CRESCO Real Estate

Listing ID: 25296028
Date on Market: 3/21/2022
Last Updated:
Address: 105 Fir Hl, Akron, OH 44325

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105 Fir Hl - Martin House 2.92 Acres of Commercial Land Offered at $1,300,000 in Akron, OH 44325

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