Property Description

An incredible investment opportunity in the highly desirable Portage Lakes area! This B-1 zoned property is ideal for future commercial development, with value rooted in the land itself. While a structure exists on-site, it is uninhabitable, lacks water and electricity, and is not suited for residential use. Currently used for cold storage, the building is secondary to the prime commercial potential of the land. Portage Lakes is a thriving community known for its boating, waterfront dining, outdoor recreation, and strong local economy. Its growing commercial presence and increasing demand for business development make this an excellent investment for those looking to establish or expand in the area. City and county sewer lines are already in the planning stages, further enhancing its future value. No access to the building at this time. Don't miss this rare opportunity to invest in one of Northeast Ohio's most sought-after commercial locations

4138 S Main Street | MLS# 5190503

This land located at 4138 S Main Street, Akron, OH 44319 is currently listed for sale with an asking price of $89,000. The property has approximately 0.48 Acres. S Main Street is located within the Green Local school district. Search Akron real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Land - Commercial

Days on Market: 2

Lot Size: 0.48 Acres

Taxes: $1,819 / year

Feature Descriptions

Lot: Corner Lot, Corners Marked, Near Golf Course, Irregular Lot, Flat, Level

Parcel#: 2804383

Parking: See Remarks

Sewer: Septic Tank

Topography: Level

View: Neighborhood

Water: Well

Local Schools

School District: Green Local

Demographics

Summit County Demographic Information for 4138 S Main Street, Akron, OH 44319

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

Estimate Your Payment

Estimated Payment

$ 611.77 per month $434.23 Principal & Interest $151.58 Property Tax $25.96 Homeowner's Insurance

Change Payment Information

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4138 S Main StreetAkron, OH 44319