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Investment Highlights
- Freestanding ±2,504 SF retail/commercial building on a corner lot
- Located within an established infill commercial corridor with strong surrounding residential density
- Convenient access to I-76, I-277, US-224, Manchester Rd, and Downtown Akron
- Excellent owner-user or investment opportunity with stable Akron retail market fundamentals
Executive Summary
2770 Cory Avenue presents an opportunity to acquire a freestanding retail/commercial property in the heart of Akron’s established Kenmore trade area. The approximately 2,504 SF masonry building sits on a 0.35-acre corner parcel and is currently occupied by Reeves Cake Shop, a long-standing local bakery operation. The property offers excellent functionality for a variety of retail, food service, bakery, showroom, office, or owner-user applications.
Positioned within a stable infill commercial corridor, the property benefits from consistent surrounding residential density, strong local traffic patterns, and convenient access to major transportation routes including I-76, I-277, US-224, and Manchester Road. The building’s efficient layout, dedicated parking, and strong visibility create an attractive opportunity for both investors and owner-users seeking an affordable and functional commercial asset in the Akron market.
Located in Akron’s historic Kenmore area, 2770 Cory Avenue is situated within a densely populated residential and commercial corridor just minutes from Downtown Akron and several major highway interchanges. The property benefits from quick connectivity to Interstate 76, Interstate 277, US-224, and key commercial arteries including Waterloo Road, Manchester Road, and Kenmore Boulevard.
The surrounding area consists of established residential neighborhoods, neighborhood retail, service businesses, industrial employers, and local restaurants that generate consistent daily traffic and consumer activity. Nearby traffic counts exceed 40,000 vehicles per day along the I-277/US-224 corridor, with additional strong traffic counts throughout the immediate trade area.
The Akron market continues to demonstrate stable retail fundamentals supported by a diversified regional economy centered around healthcare, manufacturing, logistics, polymer science, and education.
Positioned within a stable infill commercial corridor, the property benefits from consistent surrounding residential density, strong local traffic patterns, and convenient access to major transportation routes including I-76, I-277, US-224, and Manchester Road. The building’s efficient layout, dedicated parking, and strong visibility create an attractive opportunity for both investors and owner-users seeking an affordable and functional commercial asset in the Akron market.
Located in Akron’s historic Kenmore area, 2770 Cory Avenue is situated within a densely populated residential and commercial corridor just minutes from Downtown Akron and several major highway interchanges. The property benefits from quick connectivity to Interstate 76, Interstate 277, US-224, and key commercial arteries including Waterloo Road, Manchester Road, and Kenmore Boulevard.
The surrounding area consists of established residential neighborhoods, neighborhood retail, service businesses, industrial employers, and local restaurants that generate consistent daily traffic and consumer activity. Nearby traffic counts exceed 40,000 vehicles per day along the I-277/US-224 corridor, with additional strong traffic counts throughout the immediate trade area.
The Akron market continues to demonstrate stable retail fundamentals supported by a diversified regional economy centered around healthcare, manufacturing, logistics, polymer science, and education.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,504 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Zoning
U-4 - Commercial
Parking
8 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 67-62396 | Improvements Assessment | $8,708 |
| Land Assessment | $14,693 | Total Assessment | $23,401 |
Property Taxes
Parcel Number
67-62396
Land Assessment
$14,693
Improvements Assessment
$8,708
Total Assessment
$23,401
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