2406 S Union AvenueAlliance, OH 44601

2406 S Union AvenueAlliance, OH 44601

1/50 Virtual Tour Fullscreen
$315,000 Pending
Commercial - Business MLS 5179201 Pending

Listed By

Agency Name: Keller Williams Legacy Group Realty
Agency Contact: Justin@JCSells.com, 330-705-3640

Shown By

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

IDX logo

TOUR PROPERTY

Choose a date and time to see 2406 S Union Avenue, Alliance, OH 44601.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Monday March 16
  • Tuesday March 17
  • Wednesday March 18
  • Thursday March 19
  • Friday March 20
  • Saturday March 21
  • Sunday March 22
  • Monday March 23
  • Tuesday March 24
  • Wednesday March 25
  • Thursday March 26
  • Friday March 27
  • Saturday March 28
  • Sunday March 29
  • Monday March 30
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Property Description

The anchor property of a unique and profitable 3-property investment portfolio! This mixed-use building offers both residential and commercial income streams, creating a rare opportunity for strong, diversified cash flow. The front portion of the building features a 4-bedroom, 2-bath residential unit currently leased to college tenants. The rear section is a two-level commercial salon occupied by long-term tenants offering hair, nail, and massage services ? providing stability and consistent weekly & monthly income. The layout and design of this property make it ideal for continued use as a mixed-use income producer, and the existing tenants create a seamless transition for the next owner. All three portfolio properties sit on the same block and share a large parking lot, providing ample parking and easy management for both residential and commercial tenants. The location is unbeatable ? close to campus, shopping, dining, and major roadways ? ensuring continued high demand and reliable occupancy. Perfect for investors seeking a proven performer or a 1031 exchange opportunity.

2406 S Union Avenue | MLS# 5179201

This commercial property located at 2406 S Union Avenue, Alliance, OH 44601 is currently listed for sale with an asking price of $315,000. S Union Avenue is located within the Alliance City school district. Search Alliance real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 54
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Taxes: $3,968 / year
Year Built: 1941

Feature Descriptions

Parcel#: 00103005
Sewer: Public Sewer
Water: Public

Local Schools

School District: Alliance City

Demographics

Stark County Demographic Information for 2406 S Union Avenue, Alliance, OH 44601
Fips
Fips Code 39151
Population
2020 to 2023 Change down 0.6%
2010 Count 375,586
2020 Count 374,853
2023 Estimate (V2023) 372,716
2020 Estimate (V2023) 374,864
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.3%
18 to 64 52.7%
65 and Older 20.7%
Gender
Male 49.0%
Female 51.0%
Place of Birth
Foreign 2.2%
US 97.8%
Education
High School Graduate, Age 25+ 92.7%
Bachelor's Degree or Higher, Age 25+ 24.1%
Computer and Internet use
Households with a computer 92.4%
Households with a broadband Internet subscription 84.8%
Language
English is Second Language, Age 5+ 3.3%
English is First Language, Age 5+ 96.7%
Veterans
Veterans 21,951
Income
Per Capita Income $34,652
Median Household Income $63,130
People in Poverty 13.2%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 167,998
Households 154,690
Average Household Size 2.37
Owner-Occupied 68.2%
Multi-Family 20.0%
Owner-Occupied Median Value $164,900
Median selected monthly owner costs -with a mortgage $1,268
Median selected monthly owner costs -without a mortgage $483
Median gross rent $838
Building Permits
New Private Housing Issued 2023 509
Years at Residence
1 Year or More 88.8%
Less Than 1 Year 11.2%
Business and Employment
Private non-farm Establishments 8,029
Private non-farm Employment 135,584
Private non-farm Employment Growth down 2.9%
Nonemployer Establishments 27,851
Number of Firms 29,680
Business Production
Value of Shipments $11,181,630,000
Wholesale Trade $3,874,927,000
Retail Trade $5,377,131,000
Retail Sales Per Capita $14,219
Accommodation and Food Services $745,822,000
Land
Land Area 575.27 sq. miles
Population Per Square Mile 653

Source: US Census Bureau