Daughters Of Divine Charity Sells Mixed-use Property In Akron For $2.7 Million

The mixed-use property located at 39 North Portage Path in Akron, OH spans 2.6 acres and has a total square footage of 139,700. It has been sold for $2,700,000, translating to a price per square foot of $19. The property has a significant history as it was a former convent and women’s shelter known as Leonora Hall in the Highland Square neighborhood.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,700,000
• Address: 39 North Portage Path
• Market: Akron, OH
• Total Square Footage: 139,700
• Sale Price per Square Foot: $19
• Seller: Daughters of Divine Charity
• Brokers: Aaron Davis - SVN Summit Commercial Real Estate Group

The buyer is an undisclosed nonprofit organization that aims to maintain the property’s community-focused mission. The buyer plans to utilize the space for transitional housing and services targeted at disadvantaged residents, with the transaction being facilitated by SVN Summit Commercial Real Estate Group and Savills Real Estate.