1953 Englewood Avenue, Akron, OH 44312

Property Description

Perfect spot for a real estate team office, insurance office, mortgage office, etc! 1 residential home zoned commercial on the corner of Akers and Englewood, with 6-8 offices, waiting/reception area, small kitchenette, 2 bathrooms, covered porch, separate exterior access to 2nd-floor offices, and 6 parking spaces, plus 2 residential lots on E Market St. Great high traffic location, at the bottom of the I76 exit at the convergence of Market & Mogadore in Ellet. The structure is in great shape, the first floor was used as a mortgage office for 15+ years at $1600 per month, 2nd floor was used as the owner's personal office and never collected rent. Potential rent is upwards of $2500 monthly. On the first floor, there are 3 private offices, plus a waiting/reception area, an open fourth office, a small kitchenette, and a bathroom. 2nd floor: 3 private offices, reception area plus 4th open office and bathroom w/seperate exterior entrance. When turning onto Akers from Market, everything on your right side up to the corner of Akers and Englewood is included in the sale. Two residential lots are included at the rear of the subject. All desks, filing cabinets, and other furnishings are included in the sale. Mineral rights convey. The current owner receives a check of roughly $40-$45 a month for oil rights. The three lots combined are .3992 acres. Taxes are reflected for the combined lots. The owner handled all maintenance, snow plowing, and lawn care himself, so there is no record of costs for these items. 1st floor: Waiting Area/Reception 12.5x10.5, Open Office Space 13x10, Office 1 10x12.5, Office 2 11x12, Office 3 10x11 Kitchenette 6x5.5, Bath 6x6, all newly carpeted, vinyl floor in bath, blinds on all windows 2nd floor: Receiving/Open Office 16x11.5, Office 112.5x9,5, Office 2 9x7, Office 3 7x9, Bath 6.5x7, all carpet w/vinyl floor in bath