Martin House
2.92 Acres of Commercial Land Offered at $1,300,000 USD in Akron, OH 44325
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,300,000
- Property Type
-
Land
Listing Contacts
Rico Pietro
Verified Profile
Bill Stevens
Verified Profile
Robby Martinelli
Verified Profile
- Property Info
Property Overview
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.
Property Details
- Property Subtype
- Commercial
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