2032 Front Street, Cuyahoga Falls, OH

Office for Sale - $750,000 - 10,981 Sq. Ft.


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Agent Info

NameJerry Fiume

Property Info

CIMLS #968713
Location2032 Front Street
Cuyahoga Falls OH 44221
Last UpdatedJanuary 4th, 2018
TypeOffice
Price$750,000
Building10,981 Sq. Ft.
DemographicsView data

Contact


Property Description

Cuyahoga Falls is a neighboring suburb of Akron, Ohio, located about 5 minutes from Downtown Akron. Akron is known the Polymer Capital of the World, and a forerunner to the Rubber and Tire Capital of the World, It is home to First Energy and Goodyear Tire, two major Fortune 500 companies as well as the University of Akron which specializes in Polymer Research. There are two large hospital systems in downtown Akron area, Summa Health and Akron General. Akron is approximately 40 minutes south of Cleveland and enjoys the benefits of Cleveland's Sports Teams: Cavaliers, Indians, and Browns, along with the museums of University Circle and the entertainment complex in downtown Cleveland, Playhouse Square. Cleveland is also the home of the Rock n Roll Hall of Fame. Cuyahoga Falls and Akron enjoy a central location as part of a 4 million population known as Northeast Ohio. The property is on Front Street, the main street of Downtown Cuyahoga Falls, which is being totally redone opening it up again to vehicular traffic to create a new vibrant center for Downtown Cuyahoga Falls. It's convenient to State Route 8 which is a major road connecting it to multiple interstate highways going in all four directions.

Location Description:

Cuyahoga Falls is a neighboring suburb of Akron, Ohio, located about 5 minutes from Downtown Akron. Akron is known the Polymer Capital of the World, and a forerunner to the Rubber and Tire Capital of the World, It is home to First Energy and Goodyear Tire, two major Fortune 500 companies as well as the University of Akron which specializes in Polymer Research. There are two large hospital systems in downtown Akron area, Summa Health and Akron General. Akron is approximately 40 minutes south of Cleveland and enjoys the benefits of Cleveland's Sports Teams: Cavaliers, Indians, and Browns, along with the museums of University Circle and the entertainment complex in downtown Cleveland, Playhouse Square. Cleveland is also the home of the Rock n Roll Hall of Fame. Cuyahoga Falls and Akron enjoy a central location as part of a 4 million population known as Northeast Ohio. The property is on Front Street, the main street of Downtown Cuyahoga Falls, which is being totally redone opening it up again to vehicular traffic to create a new vibrant center for Downtown Cuyahoga Falls. It's convenient to State Route 8 which is a major road connecting it to multiple interstate highways going in all four directions.

Highlights:

>> 4 unit office complex in Downtown Cuyahoga Falls

>> Built as part of a partnership with Cuyahoga Falls providing parking (only building on Front Street providing attached and enclosed free parking) including roof top parking maintained and paid for by the City - no roof responsibilities

>> Attached garage undergoing $2 million renovation

>> Under Market rents providing upside

>> Great user investor opportunity with existing rents covering the mortgage payment and providing a no cost occupancy

>> Two national tenants, Yokohama and Adecco occupying over 50 % of the building

>> One of the newest buildings on Front Street

>> Low operating expenses

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