47 Alice Drive

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47 Alice Drive

Akron, OH 44319
Asking Price
Contact for price
Asset Type
Office
Class
Class B

AI Property Summary

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  • Office building located at 47 Alice Drive in Akron
  • Total interior space measures 2,550 square feet
  • Property is currently available for purchase
  • Asset sits within the growing Akron commercial market
  • Suitable for administrative, professional, or medical office use

What's Special

The 2,550 square foot office property at 47 Alice Drive in Akron, Ohio, presents a functional workspace suited for various professional operations. Situated in a suburban market within the greater Akron metropolitan area, the building provides convenient access to local infrastructure and regional transit routes. The surrounding region maintains a diverse economic base, benefiting from its proximity to established commercial corridors and industrial hubs that have historically defined Northeast Ohio. Given the layout and size, the facility serves as an effective headquarters for professional services, medical administrative support, or boutique consultancy firms looking to establish a footprint in the local market. The asset represents a clear opportunity for investors or owner-occupiers to secure a manageable commercial space. Its placement near key thoroughfares ensures connectivity for staff and clients while maintaining the focused atmosphere required for daily business productivity in this established Ohio municipality.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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