Commercial Real Estate for Sale at 871, 873 \u0026 869 1 \u0 Brown St \u0026 538 Bair in Akron, OH for $425,000

Listing data last changed 5/14/2025
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871, 873 \u0026 869 1 \u0 Brown St \u0026 538 Baird Street | Akron

$425,000 | 0.0 Sq. Ft.

871 Brown St, 873 Browns St, 869 Brown St, 869.5 Brown St \u0026 538 Baird St Akron, OH 44311 is a fantastic investment opportunity! Investment consists of 5 separate units in 2 different structures, bringing in $58,200 income annually. Beautiful brick building known as Brown St Investment Property is a Mixed Use Building with NEW ROOF 2024 plus Full Basement, consisting of 4 of the rentals: 2 Ground Floor Retail Units w/ Gas Heat, Central Air Conditioning, public water \u0026 sewer. Fully occupied. All 5 units are fully rented with 2-year terms on the commercial properties. 2 additional large residential apartments on the 2nd floor are also fully rented, one 2-bedroom\u0026 one 3-bedroom w/ many updates as well. Tall ceilings in all units make this property have variable options to make investment income. NEW ROOF INSTALLED 2024, newer furnaces, central air conditioning, windows, doors, flooring, paint, \u0026 much more! 5th investment rental, BONUS, Single Family Home on the same parcel known as 538 Baird St which is also fully rented income property! Home was updated in 2020 with flooring, kitchen, countertops, paint, siding \u0026 gutters, has an unfinished basement, has one bedroom and one bathroom. All units have current leases. Newer furnaces \u0026 newer hot water heaters. These units are bringing in $4,850 per month or $52,800 annually! The rentable square footage consists of 5,386 square feet, which includes 4,746 sf in the 2-story multi use brick building as well as 540 sf in the single family dwelling \u0026 the properties lot has 40\u0027 of frontage on Brown St which is the retail store front and 120\u0027of frontage on Baird Street for additional entries \u0026 the single family home. There is 4,800 square feet of lot. There are municipal sidewalks, street lights, gutters \u0026 curbs. The Appraiser said the effective age of the property was 20 years old with 30 more years of useful years without needing any major overhauling nor remodeling, however, roof has been replaced in 2024. As Is, Many Uses! MLSNow 5107173

Directions to property: Lovers Lane to Brown St at corner of Baird

MLS Listing ID: 
MLSNow 5107173
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$425,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Akron
Address: 
871, 873 \u0026 869 1 \u0 Brown St \u0026 538 Baird Street, Akron, OH 44311
County: 
Summit
Latitude: 
41.0580600
Longitude: 
-81.5094770
Directions: 
Lovers Lane to Brown St at corner of Baird
Public Remarks: 
871 Brown St, 873 Browns St, 869 Brown St, 869.5 Brown St \u0026 538 Baird St Akron, OH 44311 is a fantastic investment opportunity! Investment consists of 5 separate units in 2 different structures, bringing in $58,200 income annually. Beautiful brick building known as Brown St Investment Property is a Mixed Use Building with NEW ROOF 2024 plus Full Basement, consisting of 4 of the rentals: 2 Ground Floor Retail Units w/ Gas Heat, Central Air Conditioning, public water \u0026 sewer. Fully occupied. All 5 units are fully rented with 2-year terms on the commercial properties. 2 additional large residential apartments on the 2nd floor are also fully rented, one 2-bedroom\u0026 one 3-bedroom w/ many updates as well. Tall ceilings in all units make this property have variable options to make investment income. NEW ROOF INSTALLED 2024, newer furnaces, central air conditioning, windows, doors, flooring, paint, \u0026 much more! 5th investment rental, BONUS, Single Family Home on the same parcel known as 538 Baird St which is also fully rented income property! Home was updated in 2020 with flooring, kitchen, countertops, paint, siding \u0026 gutters, has an unfinished basement, has one bedroom and one bathroom. All units have current leases. Newer furnaces \u0026 newer hot water heaters. These units are bringing in $4,850 per month or $52,800 annually! The rentable square footage consists of 5,386 square feet, which includes 4,746 sf in the 2-story multi use brick building as well as 540 sf in the single family dwelling \u0026 the properties lot has 40\u0027 of frontage on Brown St which is the retail store front and 120\u0027of frontage on Baird Street for additional entries \u0026 the single family home. There is 4,800 square feet of lot. There are municipal sidewalks, street lights, gutters \u0026 curbs. The Appraiser said the effective age of the property was 20 years old with 30 more years of useful years without needing any major overhauling nor remodeling, however, roof has been replaced in 2024. As Is, Many Uses!
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
William T \u0026 Bessie Voris Sawye
Community Features: 
Shopping
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1926
Living Area: 
0.0
Basement: 
Common Basement,Exterior Entry,Full,Unfinished
Construction
Foundation Details: 
Basement
Roof: 
Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Public Record
Parcel Number: 
6802545
Annual Tax: 
$4,407.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Lesa Lillibridge
Listing Co-Agent Name: 
Brent Chervenic
Listing Office Name: 
Keller Williams Chervenic Rlty
Listing Co-Office Name: 
Keller Williams Chervenic Rlty

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