Akron, OH 44310,1250 E Tallmadge AVE
Akron, OH 44310,1250 E Tallmadge AVE
Akron, OH 44310,1250 E Tallmadge AVE
30
$577,500
-
Est.Price: ?

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0.8 Acres Lot

1250 E Tallmadge AVE Akron, OH 44310

Est. payment /mo
SOLD DATE : 04/09/2024

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Key Details

Sold Price $577,500

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Hine Heights

MLS Listing ID 5015456

Sold Date 04/09/24

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1969

Annual Tax Amount $11,500

Tax Year 2023

Lot Size 0.800 Acres

Acres 0.8

Property Description

Attention Investors - 4-Unit Retail Plaza - 7,400 Sq. Ft. Commercial Strip Zoned U-3 - Turnkey Bar and Grille W/ Other Tenants - D5 & D6 Liquor License – Type C Lottery License – Kitchen and Bar Equipment To Transfer With Property. ABSOLUTE AUCTION, all sells to the highest bidder on location. ONLINE BIDDING BEGINS MONDAY, FEBRUARY 26, 2024 – 12:00 PM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN THURSDAY - FEBRUARY 29, 2024 - 12:30 PM. Exciting investment opportunity. Longtime family-owned (20 yrs) commercial Retail Strip Plaza. Four units with a total of 7,400 SF were built in 1969 on .84 acres Zoned U-3 Commercial. (4) Units consisting of long-term tenant Gionino’s Pizza (1,500 SF). A cellphone/electronics store (900 SF). Owner-occupied end unit Caps Sports Bar and Grille (2,000 SF) and a 3,000 SF Event Center that leases out multiple times a month. All equipment associated with Caps and Event Center will transfer to the new owner including the D5 & D6 liquor license, Type C Lottery License, and all inventory. The seller will provide 30 days after closing to help with the transition. Located at the Corner of Tallmadge and Blackstone with a high traffic count. The financials are available upon request. Rare opportunity to have a D5 liquor license in the city of Akron. Caps Sports Bar and Grille was recognized in 2023 as the Ohio Lottery’s top retailer of the year and joined the 1 million dollar Keno sales club. Opportunity is knocking! Note: Caps Sports Bar and Grille is still in business and will be until closing. Private showings are available upon request. Food and products will transfer at cost at the time of transfer. The owner will assist the new buyer in transferring of liquor license. The property will be open for viewing on Thursday, February 22, 2024 - 11:00 AM - 12:30 PM.

Location

State OH

County Summit

Interior

Heating Forced Air, Gas

Cooling Central Air

Furnishings Partially

Fireplace No

Exterior

Garage Outside, Parking Lot

Water Access Desc Public

Building

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Updated/Remodeled

Schools

School District Akron Csd - 7701

Others

Tax ID 6713146

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Auction

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Listed by Brooks E Ames • Kiko • 330-703-2732
Bought with Brooks E Ames • Kiko

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Real Estate Brokerage | License ID: 0000331236

+1(740) 454-0500

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