Retail Business for Sale in Akron, OH

  • Price: $390K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Akron, OH 44312
  • Size: 6,080 SF
  • Year built: 1948

Description

2503-2505 Mogadore Road - Available for sale

Market Context

This retail in Akron, OH is listed for sale at $390,000 across 6,080 SF ($64/SF). The building dates to 1948. It has been on the market for 159 days. Compare it against other retail listings for sale in Akron, OH — <a href="/search/sale/retail/ohio/akron">view the full market</a>.

As of Q1 2026, the Cleveland retail market showed a 4.4% vacancy rate, average asking rents near $16.16/SF/yr, and cap rates around 8.7%. Source: Www.matthews.com Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Cleveland?
About 8.7% as of Q1 2026, per Www.matthews.com.
Is the Cleveland retail market tightening or softening?
Vacancy is around 4.4% (Q1 2026).

Unified Estimate

Medium Confidence

$29.09/SF – $39.35/SF

Mid: $34.22/SF

Total estimate for 6,080 SF: $208,058

Rate-first confidence-weighted blend with cost-of-business adjustment.

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