Retail & Residential Income Portfolio
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Retail & Residential Income Portfolio
2 Properties Offered at $1,630,090 CAD in Kent, OH
Investment Highlights
- Previously Hutch Pet Shop, is being sold for the first time in 50 years, including 3 buildings, high visibility, and potential for redevelopment.
Executive Summary
This landmark Kent property on the busy corner of Crain Ave., Lake St., and N. Water St. formerly known as Hutch Pet Shop is being offered for sale for the first time in over 50 years. There are 3 buildings included in this package deal- The retail store with apartment above (103 Lake Street), the 2 possibly 3 unit licensed rental house known as 115 Crain Ave., and the 2 unit licensed apartment building (118 Lake Street). The buildings have public utilities, sit on a total of .21 Acres, are located near the Hike and Bike Trail, downtown Kent, and KSU. High visibility with good access potential and traffic counts at approx. 10K cars per day. This corner would be a great candidate for redevelopment. Value is in the land!
Property Facts
| Price | $1,630,090 CAD | Number of Properties | 2 |
| Price / SF | $359.37 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 4,536 SF |
| Status | Active | Total Land Area | 0.21 AC |
| Price | $1,630,090 CAD |
| Price / SF | $359.37 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,536 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 103 Lake St, Kent, OH 44240 | Retail | 3,400 SF | 1950 | - |
| 118 Lake St, Kent, OH 44240 | Specialty | 1,136 SF | 1900 | - |
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Retail & Residential Income Portfolio
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