5328 Akron Cleveland RoadPeninsula, OH 44264

5328 Akron Cleveland RoadPeninsula, OH 44264

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$339,000 Active
Commercial - Business MLS 5192387

Listed By

Agency Name: Howard Hanna
Agency Contact: brendasooy@howardhanna.com, 330-696-4617

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This distinctive 2-bedroom property spans 3.62 acres across 2 parcels, offering a rare combination of space, flexibility, and prime frontage in a highly desirable location. Currently used as a residential property, it may continue to be used in that manner. Located within a Township business corridor, the parcels also offer the unique opportunity for commercial conversion. Whether you're seeking a home within the acclaimed Hudson City Schools, a home-based business setting, or a strategic investment opportunity, this property provides the versatility to bring your vision to life. The home welcomes you with a new front porch and a functional main-level layout featuring two bedrooms, a full bath, and a bright, inviting living space with refinished hardwood floors and abundant natural light. The kitchen meets your everyday convenience. A spacious walkout basement expands the possibilities, complete with a laundry area, half bath, and generous storage, ideal for finishing into additional living or workspace. The oversized, extra-deep and wide garage is accessible from both the basement and two large bay doors, making it well-suited for hobbyists, contractors, or business use. Outdoor features include two gravel parking areas?one at the front of the home and another near the garage?providing ample flexibility for guests, equipment, or business needs. The expansive lot offers a peaceful, scenic setting with a wooded path and space to relax or entertain around a fire pit. Ideally positioned with convenient access to major roadways, including quick connections to the Ohio Turnpike and nearby highways. Enjoy close proximity to a variety of everyday conveniences and lifestyle amenities, including local parks, golf courses, and expansive trails of the CVNP, as well as shops, dining, and entertainment found in historic downtown Hudson and nearby retail destinations. This is a truly unique opportunity to own a multi-use property with exceptional potential in a sought-after area.

5328 Akron Cleveland Road | MLS# 5192387

This commercial property located at 5328 Akron Cleveland Road, Peninsula, OH 44264 is currently listed for sale with an asking price of $339,000. Akron Cleveland Road is located within the Hudson City school district. Search Peninsula real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Ceiling Fan(s), Dual, Heat Pump
Days on Market: 5
Heating: Dual System, Heat Pump
Lot Size: 3.62 Acres
Taxes: $1,347 / year
Year Built: 1953

Feature Descriptions

Parcel#: 0700176
Sewer: Septic Tank
Water: Well

Local Schools

School District: Hudson City

Demographics

Summit County Demographic Information for 5328 Akron Cleveland Road, Peninsula, OH 44264
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