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MLS® 5015456

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $11,500
Approx. Age 1969
MLS® Number 5015456

Property Address: 1250 E Tallmadge Ave, Akron, OH, 44310-3607

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5015456
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1969
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Feb 29, 2024End Date
$577,500Sold Price

Sold

Feb 5, 2024List Date
Contact for Price
  • Commute

Commute

Starting Address
Destination Address
1250 E Tallmadge Ave, Akron, OH

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