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±16,750-SF Freestanding Former Car Dealership 1501 Vernon Odom Blvd 16,750 SF Retail Building Akron, OH 44320 $5,162,810 CAD ($308.23 CAD/SF)
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Spacious open layout spanning approximately 16,750 square feet, including storage and photo booth buildings.
- Highly accessible location adjacent to Interstate 77, allowing for easy access from all over Northeast Ohio.
- Turnkey opportunity that includes seven floor-mounted lift units, office furniture, and a paint booth for a seamless transition into the property.
- Situated on a 4.65-acre lot that provides ample surface parking spots that can accommodate hundreds of vehicles.
EXECUTIVE SUMMARY
Take advantage of this prime opportunity; the price has been recently reduced to the point where it is now more than $500,000 lower than the most recent MAI appraisal. Don’t miss this chance to acquire a turnkey automotive dealership opportunity. Alternative potential uses include equipment sales, machine shops, and various other businesses.
Located at 1501 Vernon Odom Boulevard in Akron, Ohio, this exceptional turnkey automotive dealership opportunity offers a fully equipped facility ideal for auto sales, service, or alternative commercial uses such as equipment sales or machine shops. Formerly Prestige Auto Credit, the property spans approximately 16,750 square feet on a 4.65-acre lot, zoned UPD-4 (Planned Development District). The turnkey site includes a spacious showroom with double doors for vehicle display, a lounge-style seating area, and multiple furnished offices, allowing for a seamless transition into the building. The rear service bay features a frame rack, seven floor-mounted lift units, a drive-in paint booth, and bright, energy-efficient LED lighting throughout. Additional structures include storage and photo booth buildings, along with mezzanine storage.
Strategically positioned adjacent to Interstate 77, the property offers direct freeway access and is exposed to over 77,000 vehicles per day, maximizing visibility and brand recognition. The proximity to the highway creates a logistical advantage for convenient shipping and receiving. The fully paved lot accommodates approximately 250 surface parking spaces and includes a secure fenced area for ample industrial outdoor storage (IOS). Located just 5 miles from Downtown Akron, this site benefits from a high-traffic, signalized intersection on Vernon Odom Boulevard, ensuring seamless ingress and egress.
The surrounding area is densely populated, with over 450,000 residents and an average household income of $75,000. In 2024, consumer spending in the area reached $5.4 billion, with $1.335 billion allocated to transportation and maintenance, making this location ideal for automotive-related businesses, equipment sales and rental, vehicle repair, and mobile home sales. With its prime location, extensive amenities, and flexible zoning, this property presents a rare opportunity for investors or business owners seeking a turnkey high-performing retail or service site in Northeast Ohio.
Located at 1501 Vernon Odom Boulevard in Akron, Ohio, this exceptional turnkey automotive dealership opportunity offers a fully equipped facility ideal for auto sales, service, or alternative commercial uses such as equipment sales or machine shops. Formerly Prestige Auto Credit, the property spans approximately 16,750 square feet on a 4.65-acre lot, zoned UPD-4 (Planned Development District). The turnkey site includes a spacious showroom with double doors for vehicle display, a lounge-style seating area, and multiple furnished offices, allowing for a seamless transition into the building. The rear service bay features a frame rack, seven floor-mounted lift units, a drive-in paint booth, and bright, energy-efficient LED lighting throughout. Additional structures include storage and photo booth buildings, along with mezzanine storage.
Strategically positioned adjacent to Interstate 77, the property offers direct freeway access and is exposed to over 77,000 vehicles per day, maximizing visibility and brand recognition. The proximity to the highway creates a logistical advantage for convenient shipping and receiving. The fully paved lot accommodates approximately 250 surface parking spaces and includes a secure fenced area for ample industrial outdoor storage (IOS). Located just 5 miles from Downtown Akron, this site benefits from a high-traffic, signalized intersection on Vernon Odom Boulevard, ensuring seamless ingress and egress.
The surrounding area is densely populated, with over 450,000 residents and an average household income of $75,000. In 2024, consumer spending in the area reached $5.4 billion, with $1.335 billion allocated to transportation and maintenance, making this location ideal for automotive-related businesses, equipment sales and rental, vehicle repair, and mobile home sales. With its prime location, extensive amenities, and flexible zoning, this property presents a rare opportunity for investors or business owners seeking a turnkey high-performing retail or service site in Northeast Ohio.
MATTERPORT 3D TOUR
Explore 1501 Vernon Odom Boulevard
SALE FLYER
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,750 SF
Building Class
B
Year Built
1988
Price
$5,162,810 CAD
Price Per SF
$308.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
4.65 AC
Zoning
UPD-4 - UPD-4 (Planned Development District)
Parking
250 Spaces (14.93 Spaces per 1,000 SF Leased)
Frontage
192’ on Vernon Odom Blvd
AMENITIES
- Freeway Visibility
- Signage
- Signalized Intersection
ABOUT BARBERTON
Barberton is one of Akron’s largest suburbs and is home to more than 25,000 residents. Healthcare, education, and manufacturing represent some of the area’s major industries. Top employers in the region include Summa Health System, Akron General Health System, Goodyear, and Kent State University. Located 40 miles south of Cleveland, Barberton is accessible via major roadways such as Interstates 76 and 78 and State Route 8. The area is also home to the Akron-Canton Airport and the Akron Fulton International Airport.
Barberton is an attractive location for families and is home to some of Akron’s top-rated public schools and offers a wealth of parks and outdoor recreation. The area is an easy drive to downtown Akron and attractions such as Akron Zoo, Lock 3 Park, various museums, and the Cuyahoga Valley National Park.
Consumer spending within a 15-minute drive of the area totals $2.7 billion, and with mid-level rents, Barberton is an attractive location for retail tenants and investors alike. Commercial activity is concentrated along Main Street Barberton, a historic downtown district offering an eclectic variety of local retailers. The area is also home to regional and national retailers such as Marc’s grocery store and Save A Lot.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
4,982
67,897
183,179
330,732
2029 Population
4,969
67,612
182,126
331,505
2024-2029 Projected Population Growth
-0.3%
-0.4%
-0.6%
0.2%
Median Age
40.7
39.3
38.5
40.2
College Degree + Higher
6%
17%
22%
18%
Daytime Employees
2,406
51,825
127,740
192,301
Total Businesses
305
4,916
12,202
20,696
Average Household Income
$40,126
$52,327
$61,098
$80,968
Median Household Income
$30,983
$38,447
$43,660
$58,271
Total Consumer Spending
$40.8M
$648.1M
$1.9B
$3.8B
2024 Households
2,343
30,218
78,629
142,824
Average Home Value
$85,403
$122,019
$155,709
$219,347
$ values in USD
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Primo's Deli | Deli | $$ | 9 min walk |
| Church's Chicken | - | - | 10 min walk |
| Burger King | - | - | 11 min walk |
| Rally's | - | - | 11 min walk |
| Domino's | - | - | 13 min walk |
| Ann's Place Diner | Diner | $$$ | 12 min walk |
| New Ming Restaurant | Asian | $$ | 12 min walk |
| Mr. Hero | - | - | 14 min walk |
| Subway | - | - | 15 min walk |
RETAIL |
||
|---|---|---|
| Check$mart | Finance Company | 6 min walk |
| Great Expressions Dental Centers | MD/DDS | 13 min walk |
| Cricket | Wireless Communications | 14 min walk |
| MetroPCS | Wireless Communications | 15 min walk |
| Circle K, Inc. | Convenience Market | 16 min walk |
| Huntington Bank | Bank | 15 min walk |
| ALDI | Supermarket | 15 min walk |
| Family Dollar | Dollar/Variety/Thrift | 15 min walk |
| Rent-A-Center | Rental Shop | 15 min walk |
| Planet Fitness | Fitness | 15 min walk |
HOTELS |
|
|---|---|
| Tribute Portfolio |
71 rooms
8 min drive
|
| Rodeway Inn |
307 rooms
7 min drive
|
| Courtyard |
146 rooms
9 min drive
|
| DoubleTree by Hilton |
180 rooms
11 min drive
|
| Hilton Garden Inn |
139 rooms
11 min drive
|
| Econo Lodge |
54 rooms
12 min drive
|
| Holiday Inn Express |
88 rooms
11 min drive
|
| Fairfield Inn |
98 rooms
13 min drive
|
| Hampton by Hilton |
63 rooms
13 min drive
|
PROPERTY TAXES
| Parcel Number | 67-62794 | Improvements Assessment | $199,854 CAD |
| Land Assessment | $160,130 CAD | Total Assessment | $359,985 CAD |
PROPERTY TAXES
Parcel Number
67-62794
Land Assessment
$160,130 CAD
Improvements Assessment
$199,854 CAD
Total Assessment
$359,985 CAD
SALE ADVISORS
SALE ADVISORS
Steve Lazarides, Vice President
Steve Lazarides is a Vice President with CBRE's Industrial and Logistics Advisory & Transaction Services. With over 20 years of commercial real estate experience, he has represented clients across the spectrum, including landlords and tenants in lease transactions and buyers and sellers of commercial properties. Now specializing in office and industrial property assignments, Steve has listing responsibility for well over 1M square feet of space, and an exciting pipeline of pending deals in both channels.
Prior to joining CBRE, Steve was associated with Tom Jackson Commercial Realty in Canton, where he was consistently ranked as “Top Producer”. Specializing in office lease and sales, as well as disposition of multi-family properties, he was instrumental in the leasing of tens of thousands of square feet in commercial space as well as the sale of nearly 1,000 apartment units.
Before going into commercial real estate, Steve served for several years as Export Sales Manager for an Ohio-based manufacturer of cutting tools. His responsibilities required him to spend quite a bit of time overseas.
Prior to joining CBRE, Steve was associated with Tom Jackson Commercial Realty in Canton, where he was consistently ranked as “Top Producer”. Specializing in office lease and sales, as well as disposition of multi-family properties, he was instrumental in the leasing of tens of thousands of square feet in commercial space as well as the sale of nearly 1,000 apartment units.
Before going into commercial real estate, Steve served for several years as Export Sales Manager for an Ohio-based manufacturer of cutting tools. His responsibilities required him to spend quite a bit of time overseas.
Dean Bacopoulos, Vice President
Dean Bacopoulos is a Senior Associate with CBRE’s Industrial and Logistics Advisory & Transaction Services. His primary focus is working as a tenant advisor in the site selection and lease negotiation process. In addition, he also has responsibilities including the acquisition and disposition of major industrial/office facilities and tenant representation assignments.
Dean has successfully represented global clients for over 19 years with extensive experience in a broad assortment of transactions including sales and leasing of industrial, office, and multi-family properties, sale-lease-backs, lease extensions and negotiations. Dean provides clients with significant experience in commercial real estate and the added value of over 25 years of business acumen.
Dean began his commercial real estate career with Tom Jackson Commercial Realty in 2001, representing several key tenant accounts for the firm, as well as being responsible for the firm's landlord representation portfolio.
Dean has successfully represented global clients for over 19 years with extensive experience in a broad assortment of transactions including sales and leasing of industrial, office, and multi-family properties, sale-lease-backs, lease extensions and negotiations. Dean provides clients with significant experience in commercial real estate and the added value of over 25 years of business acumen.
Dean began his commercial real estate career with Tom Jackson Commercial Realty in 2001, representing several key tenant accounts for the firm, as well as being responsible for the firm's landlord representation portfolio.
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±16,750-SF Freestanding Former Car Dealership | 1501 Vernon Odom Blvd
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