464 S CANTON RD

$175,000 (Sale)

464 S Canton Rd, Akron, Ohio 44312

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Property Details

Property Type: Land
Lot Size: 2.54 Acres
Property Type: Land

Overview

Site Overview | Ellet Development Opportunity: This site is well-positioned for a new high-rise multifamily or senior living development. Proven Senior Housing Demand: Two 9-story senior apartment buildings sit directly to the south, both reporting very high occupancy and strong tenant stability — clear evidence that senior housing demand in this immediate area is durable and well-supported.

Location, Location, Location: Situated in the heart of Ellet’s commercial district, the site benefits from established foot traﬃc and visibility, reducing lease-up risk.

Highlights

2.54 Acres
Zoning Business Use
Zoning variance obtained in 2018 to increase allowable building height to 49’ for a 4-story building.
Property runs East-West.
Property dimensions: 170’ frontage x 620’ depth.
Available Utilities: City water and sanitary. Gas, electric and cable at street.
Adjacent property use to the south includes two 9-story senior citizen apartment buildings with very high occupancy and strong tenant stability.
Site located in immediate proximity to a wide array of services and goods including medical, groceries, restaurants, post oﬃce, library, and public schools, and is located in the center of Ellet commerce.