973 Kenmore Boulevard
Akron, OH, 44314 $ 150,000
Baths0.0 Monthly Estimate*
$ 997
Studio
for $150,000. This home was built in 1923 on a lot size of 0.1528.
This is a rare opportunity to own a slice of history in an up-and-coming location with buzz. 971-973 Kenmore Blvd is itself listed on the National Register of Historic Places and sits in a Historic District also listed on the NRHP. There are two attached structures totaling 7,150 sqft, with one tenant being a popular neighborhood tavern occupying the space since 1952 and the other, currently a clothing retailer, for the last 13 years. Rents total $1800 ($1250/$550). The Kenmore Eastern consists of the 49x26 bar & lounge area, a 16.5x16.5 kitchen, 2 public restrooms, a small outdoor area, and 2-4 parking spaces in the back. Beyond the parking spaces is a public parking lot out back and street parking in front. Ethicrace Clothing Retailer consists of a 31x31 public retail space with front desk/cashier, 23x33 back room/storage, 2 restrooms, and 2-4 parking spaces out back. Both units have considerable basements with office areas and storage space. Tenants pay all utilities. Akron’s largest neighborhood business district is housed at the center of Akron’s second largest neighborhood, with over 18,000 residents and over 90,000 workers within a 10-minute drive. It offers excellent public parking options and freeway access from three directions within a two-minute drive. Kenmore Blvd is on the cusp and becoming known as a safe, family-friendly arts district with music at its core. The BLVD is an up-and-coming business district. Better Kenmore Community Development Corporation has been actively working to revitalize the Blvd Historic District since 2016 through marketing, events, clean and safe efforts, beautification, creative placemaking, and business and real estate development. Get in now and be part of something special taking place all around you. Ask your realtor to access the supplements for form 1040 E, Income and Loss for 2020-2023, a copy of the 2 leases, 2023 Real Property, As-Is Appraisal, and The Blvd Historic District marketing booklet.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed
Year Built 1923
Stories 1
Township Akron
Levels One
Property SubType Retail
Tax Year 2023
Current Use Retail
County Summit
Net Operating Income 11460.0
Operating Expense 10143.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features PrivateRestrooms PublicRestrooms Signs
Status Pending
Directions Subject sits on the North side of Kenmore Blvd neighboring the Kenmore Branch Library to the West between 14th and 15th St. If traveling East to West on Kenmore Blvd you'll notice it by the historic
City Akron
Disclosures PrincipalisRealEstateLicensed
View Y/N N
Senior Community Y/N N
High School District Akron CSD - 7701
Zoning Description Retail
NumberOfUnitsTotal 2
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Kenmore
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4636.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 16
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Pending
Occupancy Type Tenant
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source PublicRecords
Total Actual Rent 21600.0
Property Sub Type Additional Retail
Legal Description KENMORE LOTS 606 E 4.45FT 607 & 608 ALL
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InteriorBasement Full Unfinished
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
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ExteriorParking Features OnSite ParkingLot OnStreet
Water Source Public
Lot Size Area 0.1528
Foundation Details Basement
Number of Buildings 1
Spa N
Building Area Total 7150.0
Lot Size Acres 0.1528
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByColdwell Banker Schmidt RealtyBroker
eric.cooper@cbschmidtohio.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $997
- Monthly Property Taxes
- $386
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyAbout Akron, OH 197,026 Population
-9% Since 2002
$ 35,547 Median Income
36.97 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457648 Elementary School
4457391 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/23/2024 | $150,000 | | Listed Price |