1140 - 1226 Mercer AvenueAkron, OH 44307

1140 - 1226 Mercer AvenueAkron, OH 44307

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$150,000 Active
Commercial - Business MLS 5110529
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Listed By

Agency Name: H & R Burroughs Realty, Inc.
Agency Contact: sdix.realtor@gmail.com, 330-571-2239

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Looking for an amazing opportunity to relocate your current business OR start a new business? Look no further! This spacious 3600 sq ft multipurpose building is located in a prime location with high visibility. The building sits on 2 streets: 1140 - 1226 Mercer Avenue & Diagonal Road. The end unit consists of a 2-seater barbershop (1 seat already occupied). The adjoining unit was previously 3 separate units prior to walls being removed to fit the previous tenant's needs. You can keep the same concept, a classy modern open space, or repurpose to create your own. The possibilities are endless! There are a total of 3 bathrooms across all units. A full waterproofed basement runs under all units except the barbershop. Freshly painted exterior. This building has significant potential to host a variety of uses and has been very well-maintained by the current owner of almost 20 years. Schedule your showing today!

1140 - 1226 Mercer Avenue | MLS# 5110529

This commercial property located at 1140 - 1226 Mercer Avenue, Akron, OH 44307 is currently listed for sale with an asking price of $150,000. - 1226 Mercer Avenue is located within the Akron City school district. Search Akron real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Days on Market: 340
Heating: Gas
Lot Size: 0.18 Acres
Taxes: $2,965 / year
Year Built: 1948

Feature Descriptions

Building Features: Private Restrooms
Parcel#: 6817692

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 1140 - 1226 Mercer Avenue, Akron, OH 44307
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

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