Luxury Multi-Use Building with Residential and Commercial Space in Akron, OH

This is a prime investment opportunity in Akron, Ohio, featuring a fully remodeled, luxury multi-use building. The 3-story, 66,829 sq ft property, built in 1965 and updated in 2019-2020, offers a maintenance-free investment with significant income potential. It is zoned U-3 for both residential luxury living and commercial use. The building comprises 40 fully furnished 1 & 2-bedroom units, ideal for short-term Airbnb stays or long-term rentals with monthly rates from $975 to $1,400 (utilities included). Additionally, it includes an upscale restaurant space (Alexander Pierce) and other commercial areas generating $9,000 per month in rent. Key features include modern amenities such as a gym, common areas, meeting rooms, courtyards, a tenant club lounge, a dedicated fiber line, and a security system. The property boasts excellent connectivity to highways and local attractions, ample parking (84 spaces), and is conveniently located near hospitals, freeways, and Goodyear World Headquarters. With 10 years remaining on a tax abatement and an appraised value over $6 million, this turnkey property is ready for immediate returns.