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🏢 Just listed — Garage/Parking Mixed-use for sale in Akron, OH.

📍 133 Merriman Road, Akron, OH
🏷  Garage/Parking Mixed-use · For Sale
💰 $2.75M

Mixed-Use Retail Space - Synagogue Redevelopment Opportunity

<p>Mixed-Use Retail: Synagogue Redevelopment for Event Space, Planning Space, Auditorium, Retail Tenants, Residential Suites. Development Opportunity on Parcel for Garage or New Build. Preliminary Development Plans.</p

Full financials, photos, and broker contact:
https://commrty.com/property/ohio/akron/temple-hall-2493333-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=temple-hall-2493333

#Akron #Mixeduse #CommercialRealEstate #CRE #Investment

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Home/OH/Akron

133 Merriman Road

Akron, OH 44303

Asking Price

$2.75M

Asset Type

Garage/Parking Mixed-use

Class

Class B

What's Special

Mixed-Use Retail Space - Synagogue Redevelopment Opportunity <p>Mixed-Use Retail: Synagogue Redevelopment for Event Space, Planning Space, Auditorium, Retail Tenants, Residential Suites. Development Opportunity on Parcel for Garage or New Build. Preliminary Development Plans.</p><p></p>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

2.91%

DSCR

0.49

Underwater

Cash-on-Cash

-10.09%

Monthly Payment

$13,605.5

Annual Cash Flow

$-83,265.995

Location & Travel Times

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