53-57 E Exchange Street Akron, OH $ 450,000
53-57 E Exchange Street
$ 450,000
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53-57 E Exchange Street

Akron, OH, 44308
$ 450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Akron, OH

for $450,000. This building was built in 1915 on a lot size of 0.1051.

Prime Investment Opportunity – Mixed-Use Commercial Property with Strong Upside Potential! Don’t miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly! This well-positioned property provides a versatile investment opportunity for both seasoned investors and those looking to expand their portfolio. The residential component includes 5 currently rented apartments, generating steady cash flow, with 1 vacant unit ready for lease or owner occupancy. The remaining apartment offers additional flexibility depending on your strategy. The commercial portion consists of 3 storefront units, with 1 currently occupied and 2 vacant spaces, presenting an excellent opportunity to increase rental income and boost overall returns. With multiple income streams and vacancy upside, this property is ideal for investors seeking to stabilize and maximize value through strategic leasing. The mix of residential and commercial tenants provides built-in diversification and long-term growth potential. Whether you’re looking to expand your portfolio, reposition an asset, or secure a multi-unit property with income already in place, this mixed-use building delivers opportunity and flexibility. Schedule your private showing today and explore the possibilities this investment property has to offer!

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 4,510

Style

Lot Size

0.1051

Year Built

1915

Town/City

Akron

County/Region

Summit

MLS | Web ID

5189854

Features
General
Sewer Public Sewer
Heating Gas Radiant
Cooling None Wall/Window Unit(s)
Possession Negotiable
Roof Asphalt Fiberglass
Year Built 1915
Township Akron
Property Subtype Other
Tax Year 2025
Business Type Bar/Tavern/Lounge Commercial
County Summit
Property Type Commercial Sale
Attached Garage false
Subdivision Name South Akron Allotment
Building Features Private Restrooms
Status Active
Directions 77N to Broadway St to Downtown. Once Downtown you will want to go to Exit 22/ Broadway St to University of Akron Location and then turn on E Exchange St.
City Akron
High School District Akron CSD - 7701
Zoning Description Commercial
Number Of Units Total 3
Lot Size Units Acres
Tax Annual Amount 4510
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source Assessor
Property Sub Type Additional Other
Legal Description S AKRON LOT 132 SW 18.5X54FT OT 133 W 54FT
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Interior
Basement Full Unfinished Walk-Out Access
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing None
Parking Features None
Water Source Public
Total Parking 0
Lot Size Area 0.1051
Foundation Details Basement Block
Number of Buildings 1
Building Area Total 12144
Lot Size Acres 0.1051
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Amanda Mercier

Listing Agent

Re/Max Edge Realty

Broker

amercier@amhghomes.com

Email

Affordability Calculator

$3,147
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$376
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457920 Elementary School
4457926 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$450,000 Listed Price

Map


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53-57 E Exchange Street, Akron, OH, 44308 is a Commercial Property for sale at $450,000 with a lot size of 0.1051. 53-57 E Exchange Street was built in 1915. The property's zip code is 44308 which is in Akron, OH