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1210 Independence Ave 36,804 SF Retail Building Akron, OH 44310 $1,700,000 ($46.19/SF)



Executive Summary
36,804 SF former movie theater sitting on 9.66 AC. Potential redevelopment site with over 640’ of frontage along Independence Avenue. Well-positioned adjacent to recently redeveloped Chapel Hill Mall. Large parcel size allows for a variety of redevelopment uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theater
Building Size
36,804 SF
Building Class
B
Year Built
1996
Price
$1,700,000
Price Per SF
$46.19
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
9.66 AC
Opportunity Zone
Yes
Parking
250 Spaces (6.79 Spaces per 1,000 SF Leased)
Frontage
606’ on Independence Ave
Amenities
- Pylon Sign
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 68-54784 | Improvements Assessment | $556,413 |
| Land Assessment | $175,753 | Total Assessment | $732,166 |
Property Taxes
Parcel Number
68-54784
Land Assessment
$175,753
Improvements Assessment
$556,413
Total Assessment
$732,166
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1210 Independence Ave
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