Sold: Apr 08, 2024
Address
1250 E Tallmadge Avenue, Akron, OH
Price
$ 577,500
Property Attributes
- ID#5015456
- TypeCommercial
- CountySUMMIT
- CityAkron
- Zip44310
- Style
- Price$ 577,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.8 Acres
Data Source:
MLSNow
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.
| Price History | |
|---|---|
| 2/5/2024 | Listed $0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 44310
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