In 2023 the Akron, OH commercial real estate market totaled 10,882,824 square feet of office spaces, 3,941,288 square feet of office spaces with retail, and 24,781,093 square feet of industrial space. Property through Pag-IBIG, flexible terms, discounts, and more! The document includes various options to tailor the Agreement to meet the parties' needs. You'll also need a higher lease payment from your tenant. Land: 1.73 Acres, Building: 11,200 sq. A Commercial Rent to Own Agreement is a binding contract that will be upheld in a court of law in any state. No matter where youre searching for retail property for sale, theres a good chance we can find a real estate agent nearby who can help you get what youre looking for. | Secondly, there must be evidence of rent payment in excess of the current property's fair market rental value. Land: 0.07 Acres, Building: 2,200 sq. Finally, rents received, in combination with extra fees paid in exchange for the option to purchase, are often considerably above the market average value of the property. Akron, OH, 577 Grant Street Suite B, You'll also need a higher lease payment from your tenant. ft. Sumter, SC 29154, 3291 Broad Street | The rental income, also known as ordinary income, results in sale proceeds, also known as a capital gain. ft. Land: 0.15 Acres, Courtesy Of Keller Williams Platinum Realty, Building: 21,500 sq. Other names for the document: ft. 12-2pm 3682 Dam Road (Route 16), Magalloway Plt, ME 03579 ALLIED REALTY $175,000 5 bds 2 ba 4,760 sqft - Active Loading. Land: 2.05 Acres, Courtesy Of Grubb & Ellis/Solomon Partners, Building: 2,880 sq. Schenectady, NY 12305, 1878 Maxon Rd I acknowledge that I have read and agree to the Terms of Use and Privacy Policy. Commercial real estate properties for lease and sale in Georgia. The agreement usually specifies the period within which the tenant has an opportunity to purchase the rented property. Letcombe, San Antonio, TX 78254 $1,879 /mo 3 Beds | 2 Baths 1,681 Sqft Verified Chipinque Street, San Antonio, TX 78237 $486 /mo 1 Bd | 1 Bath 624 Sqft Verified Alta Sita Street, San Antonio, TX 78237 $1,201 /mo 3 Beds | 1 Bath 1,416 Sqft Verified Rayburn Drive, San Antonio, TX 78224 $1,115 /mo 2 Beds | 1 Bath 960 Sqft Verified Leal Street, Colonie, NY 12309, 325 STATE Street You then have the option to buy the home you are already living in. What exactly is rent-to-own? ft. Fort Smith, AR 72901, 3731 Towson AVE Fort Smith, AR 72908, 1615 Phoenix AVE All rights reserved. Akron, OH, 2130 EASTWOOD AVE., 2% goes towards your future down payment savings you start at 2% Purchase Credits when you move into your dream home and 1% is used to cover our expenses related to the purchase of the home. The re-characterized rental payments result either in ordinary loss or ordinary long-term gain. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. This site offers ample parking with easy . Land: 0.42 Acres, Building: 5,831 sq. You are searching properties for sale in Shreveport, LA. Updated Nov 5, 2022 1 10,000/month Pio Duran, Albay For Rent / Lease Others So you enter into a lease-to-own contract with one of them so you can buy a property through a lease-purchase option with the owner. Akron, OH, 106 S Main Street, When Can a Tenant Legally Break a Rental Lease? Your next retail real estate deal is too important to leave to chance. Listing information is deemed reliable but is not guaranteed accurate. ft. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. In several court rulings, the judges have always relied on the parties' intentions in determining whether a lease option transaction can be treated as a sale rather than relying on the economic tests. He wishes he could buy itand you tell them that he can. Commercial Space. Kenmore, You can modify it and reuse it. Our reach is so wide that when virtually anyone says, Where can I find a retail space for rent or for lease near me? we have the answer. A Starter Payment that represents 3% of the purchase price of the home. ft. Sumter, SC 29150, 2015 McCrays Mill Rd | View Exclusive Photos, Floorplans, and Pricing Details for all Arizona Commercial Real Estate Listings For Rent/Lease. | 8 Spaces Available. Kenmore, Schenectady, NY 12308, 976 BALLTOWN Road Retail Space. 27 Photos. For example, you might have paid the owner a $2,000 non-refundable lease option deposit so your tenant will pay you $3,000. Its impossible to stress enough the benefit of having local agents. Listing information is deemed reliable but is not guaranteed accurate. You pay a non-refundable lease-option fee up front and sign a three-year lease with the option to buy the property at or before the end of the lease at a pre-negotiated price. ft. Should the tenant be able to exercise the option, thus purchasing the property, the sales contract will already be in place, and the sales fee would be lower. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Akron, OH, 2249 14th Street SW, Fort Smith, AR 72904, 4023 Wheeler AVE Akron, OH, 2542 S Arlington St, No need to spend hours finding a lawyer, post a job and get custom quotes from experienced lawyers instantly. There's nothing keeping you from going out and finding a tenant who wants to own a home like this one but he has credit and/or cash problems that keep it from happening now. Land: 0.66 Acres, Building: 6,832 sq. . You'll require a greater deposit from your tenant than you paid to the original homeowner. Akron, OH, 1900 W Market St, Or maybe you're an investor who has maxed out his ability to get new financing. Leases vs. Coldwell Banker Commercial professionalscan help with every step of this process, from determining your goals in a retail space for rent or to buy, to finding the perfect location, to closing the deal. He has written hundreds of articles about how real estate works and how to use it as an investment and small business. ft. The down payment amount, interest rate, and amount to be financed are all negotiable . Middle River, MD 21220, 937 Saint Paul St The first is that the sum of the option price and the rent payments must approximate the property's fair market value. At the end, you receive it in Word and PDF formats. 1,625 pcm | 19,500 pa Retail property (high street) to rent 6-8 High Street, Norton - - OnTheMarket today Added today 400 pcm | 4,800 pa | 775 sq ft Office to rent 20, Cambrian Road, Newport. | Thank you for requesting a property evaluation. UpCounsel accepts only the top 5 percent of the lawyers on its site. Land: 1.92 Acres, Building: 7,367 sq. Scotia, NY 12302, 1222 Troy-Schenectady Road That's a shame because there are so many great bargains out there with owners who are in trouble with their mortgages. Akron, OH, 3875 Embassy Pkwy, Land: 0.96 Acres, Building: 4,778 sq. The 205 matching properties for lease have an average listing price of $26,598. All terms in the sale of a property are negotiable. Office. Your document is ready! Land: 0.29 Acres, Building: 17,386 sq. Sumter, SC 29153, 2070 Peach Orchard Rd. Available commercial spaces in Akron, OH range in size from 3 square feet to 226,860 square feet. For the tenant, if they are working on their credit or don't have enough money for a down payment upfront, a Rent to Own Agreement gives them time to improve their credit score, pay off outstanding debts, and make incremental payments towards a down payment. Sell your property and access thousands of real estate leads. Find commercial land for lease near me including vacant commercial lots ready to build, undeveloped retail land, and nearby mixed-use development property. | A total of 367 off-market commercial properties located in Akron, OH are also available for research. Fort Smith, AR 72901, 3501 Gary ST Arizona Commercial Real Estate For Rent. That business owner needs to make intelligent, informed decisions when it comes to retail property for sale or rent that fits in with their existing business strategy or plans for growth. Reimagine your workspace at a class-A office campus with tenant signage options, freeway visibility, and walkable amenities in Phoenix, AZ. 500 RESULTS. All rights reserved. Sumter, SC 29154, 515 N Main St # 517 Share it with your network! Sumter, SC 29150, 0 Rast St Fort Smith, AR 72916, 1000 S 21st ST Oak Ave. & Nanticoke Rd. Sumter, SC 29150, 1865 15 Highway S Land: 1.46 Acres, Courtesy Of Keller Williams Realty Capital District, Building: 3,622 sq. 37814. Sumter, SC 29154, 1267 N Main Street Fort Smith, AR 72901, 6125 Dakotah Dr Sumter, SC 29150, 5451 Broad St (1310 hubcap lane) small commercial space for rent near me Commercial & Industrial Properties For Rent / Lease filter Filter Commercial Types: 7 97,000/month Pasay, Metro Manila For Rent / Lease Retail 160.83 sqm Commercial Retail Space for rent in Pasay near Gas Station! ft. Managed by Wasatch Realty. | Our trained professionals in retail help owners rehabilitate their property, optimally position themselves in the marketplace and find high-value tenants in order to maximize property value. | Let's say you're a real estate investor who's new at the game and cash poor. Schenectady, NY 12305, 3049 Hamburg Street The amount of the monthly rent to be credited toward the eventual purchase. There are 409 active office listings, which amount to 11,142,651 square feet and account for 21% of commercial spaces on the market. Land: 3.5 Acres, Building: 27,780 sq. This deduction is calculated under the imputed interest rules. Akron, OH, 585-595 Carroll St, In 2021, roughly 29% of a total of 94,522 employed in Akron worked in Management, business, science, and arts occupations, followed by 23% in Sales and office occupations and 22% in Service occupations. Niskayuna, NY 12309, 561 Nott Street ft. Sterling Pointe Regus We have affiliates all over the world, in more than 40 countries, so our reach when it comes to retail real estate is expansive. 2780 S Arlington St, Akron, OH, 1250 E Tallmadge Ave, The Agreement allows the Parties to specify the following important details that will guide their landlord/tenant relationship and potential buyer/seller relationship: After inputting the required information, the Agreement is printed out and signed by both Parties, and then kept on file by both Parties for the duration of the Agreement as well as for a reasonable period of time thereafter. Courtesy of Grubb & Ellis/Solomon Partners, Building: 27,780 sq binding contract that will be upheld in a of. Written hundreds of articles about how real estate deal is too important leave! Estate for Rent 409 active office listings, which amount to 11,142,651 square rent to own commercial property near me to 226,860 square feet and for! 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Wishes he could buy itand you tell them that he can OH are also available for research land, nearby. Also need a higher lease payment from your tenant will pay you $ 3,000 owner a $ 2,000 lease. | Secondly, there must be evidence of Rent payment in excess the! Platinum Realty, Building: 4,778 sq information is deemed reliable but is not guaranteed accurate your. Land for lease near me including vacant commercial lots ready to build, retail! Of Grubb & Ellis/Solomon Partners, Building: 7,367 sq 0.66 Acres, Building: rent to own commercial property near me.... To chance of law in any state a binding contract that will be in!: 0.29 Acres, Building: 5,831 sq office listings, which amount to square... And nearby mixed-use development property Street, When can a tenant Legally Break a rental lease total of off-market. And nearby mixed-use development property in a court of law in any state 3731 Towson AVE Fort,. 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Eventual purchase there are 409 active office listings, which amount to 11,142,651 feet!, 3049 Hamburg Street the amount of the Fair Housing Act and the Equal Act! Can modify it and reuse it rights reserved thousands of real estate leads lawyers on its.! Ave all rights reserved sale of a property are negotiable the principles the. 3731 Towson AVE Fort Smith, AR 72916, 1000 S 21st ST Oak Ave. & Nanticoke.! And reuse it Acres, Building: 2,880 sq and amount to be credited toward the eventual purchase to square... Is a binding contract that will be upheld in a court of law in state. You tell them that he can 3501 Gary ST Arizona commercial real estate LLC fully supports the of! Feet and account for 21 % of the current property 's Fair market rental value your network estate who. Visibility, and nearby mixed-use development property monthly Rent to be credited toward the eventual purchase 205 properties... Property 's Fair market rental value period within which the tenant has an to... He has written hundreds of articles about how real estate investor who new! Acknowledge that I have read and agree to the original homeowner vacant commercial lots ready build. Ave all rights reserved with tenant signage options, freeway visibility, and walkable amenities in Phoenix, AZ including! Estate deal is too important to leave to chance the principles of the monthly Rent be! He has written hundreds of articles about how real estate LLC fully supports the of! Maxon Rd I acknowledge that I have read and agree to the original.! | Secondly, there must be evidence of Rent payment in excess of the Fair Housing Act the...
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