1544 E Market St
Akron, OH 44305
Retail Property For Sale

Mackey Radiator's been in 1544 building for over 35 years. Akron Auto Polish has been in the 1510 building for over 10 years There was a sign company in the 1532 building for over 13 years. Avery Auto Sales has been in the 1532 building for a year and a half and is on a five-year lease. I am retiring and I need a quick sale! So I am selling all the properties as a package deal. The properties were appraised for $500,000 and I have the appraisals to show you. Selling all the properties for $398,500.00 All three commercial properties are leased out. The sale includes three commercial buildings, two lots and a house for only 398,500.00 The Cap Rate for this deal is 11%, Gross income for the buildings is 60,000 a year. After paying the property taxes, insurance and maintenance, you will net $44,000 a year. Even better, you will also have $100,000 equity already in the properties. If you have any questions, please call Rob at 330-573-6460 or go to marketstdevelopment.com for more information on the buildings and what's going on with the development in the area.