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215 E Waterloo Rd

$575,000

215 E Waterloo Rd, New Franklin, OH 44319

Active
Last Updated: 11/12/2025

19,976 sqft

Building Size

1.253 acres

Lot Area

Details:
Building Size:    19,976 sqft
Lot Area:    1.253 acres
Class:    B
Units:    20
Year Built:    1960
Floors:    3
Highlights:
  • Great visibility: Positioned on a heavily trafficked commuter and service route.
  • Flexibility (Zoning & Layout): Ability to accommodate a range of small to mid-size tenants and flexible zoning allows a wide
  • range of office, medical, and service-related uses.
  • Value-Add: Many MTM leases and a couple vacancies - easily stabilize through renewals and market-rate adjustments and leasing vacant spaces.
  • Recent Capital Improvements: New Roof, Upgraded HVAC, Updated Plumbing, New Windows.
  • Amenities: Plenty of on-site parking, in-suite restrooms, some units with private entrances, recent capital improvements.
  • Excellent Highway Access: Less than 1 mile to the I-77/US-224 interchange with quick connections to I-76, I-277, and SR-241.
Description:

Well-maintained and well-located multi-tenant office investment
with upside potential in leasing the vacant suites. Many tenants are
long-term tenants; some month to month leases. Rarely ever
historically leased professionally. This is ideal for both investors
and owner-occupants looking for an easily managed property with
upside that is easily stabilized in a strong mixed-use Akron
corridor.

Positioned directly on Waterloo Road, a heavily trafficked commuter and service route with easy access to I‑77 and I‑224

Map:
Documents:
Title
SVN_-_215_E_Waterloo_Rd__Akron_-_Sale_Brochure.pdf
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Location
Gallery