501 Carpenter StreetAkron, OH 44310

501 Carpenter StreetAkron, OH 44310

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$1,800,000 Active
Commercial - Business MLS 5240523 New to the Market
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Listed By

Agency Name: Ag Real Estate Group, Inc.
Agency Contact: 216-350-2394, info@agrealestategroup.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone:

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Property Description

RECEIVER SALE / VALUE-ADD OPPORTUNITY CALL FOR OFFERS 9/18/26 Akron, OH - Receiver directs Immediate sale of Pine Pointe Apartments with 40-Units Use Receivers FORM PURCHASE AGREEMENT for all offers Selling AS-IS and WHERE-IS Must be CASH OFFER with no financing contingencies Transaction is subject to COURT APPROVAL Note: All data is believed to be correct but must be field verified by Buyer

501 Carpenter Street | MLS# 5240523

This commercial property located at 501 Carpenter Street, Akron, OH 44310 is currently listed for sale with an asking price of $1,800,000. Carpenter Street is located within the Akron City school district. Search Akron real estate on 1350carriageroad.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Wall/Window Unit(s)
Days on Market: 2
Heating: Baseboard, Forced Air, Gas
Lot Size: 1.99 Acres
Taxes: $43,196 / year
Year Built: 1959

Feature Descriptions

Community Features: Laundry Facilities
Parcel#: 6744561
Parking: Off Street

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 501 Carpenter Street, Akron, OH 44310
Fips
Fips Code 39153
Population
2020 to 2025 Change down 0.4%
2010 Count 541,781
2020 Count 540,428
2025 Estimate (V2025) 538,376
2020 Estimate (V2025) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 48.7%
Female 51.3%
Place of Birth
Foreign 6.0%
US 94.0%
Education
High School Graduate, Age 25+ 92.8%
Bachelor's Degree or Higher, Age 25+ 35.8%
Computer and Internet use
Households with a computer 95.4%
Households with a broadband Internet subscription 91.6%
Language
English is Second Language, Age 5+ 7.3%
English is First Language, Age 5+ 92.7%
Veterans
Veterans 25,976
Income
Per Capita Income $43,061
Median Household Income $71,622
People in Poverty 13.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 231,267
Average Household Size 2.29
Owner-Occupied 67.5%
Multi-Family 22.4%
Owner-Occupied Median Value $208,700
Median selected monthly owner costs -with a mortgage $1,470
Median selected monthly owner costs -without a mortgage $599
Median gross rent $1,026
Building Permits
New Private Housing Issued 2024 1,082
Years at Residence
1 Year or More 88.9%
Less Than 1 Year 11.1%
Business and Employment
Private non-farm Establishments 13,309
Private non-farm Employment 249,827
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 43,820
Number of Firms 9,566
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

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