Home for Sale at 532 Portage Trail W in Cuyahoga Falls, OH for $915,000

532 Portage Trail W | Cuyahoga Falls

RARE OPPORTUNITY IN RAPIDLY GROWING CUYAHOGA FALLS / AKRON CORRIDOR! A chance to acquire a strategically positioned assemblage of a multi-unit home or single family residence, along with additional parcels at the gateway to the growing Merriman Valley, offering exceptional development, investment, \u0026 income-producing potential. Benefiting from significant public infrastructure investment, incl recently installed public water \u0026 road expansion along Portage Trl, properties are primed for development opportunities. 16\u002B acres avail for expanded projects w/ addtn\u0027l adjacent land avail. Zoned R-3 w/ RM Overlay property offers flexibility for variety of residential \u0026 mixed-use concepts. Comprehensive soil testing completed by GPD w/ favorable results \u0026 valuable due diligence. Existing home offers multiple opportunities for immediate use \u0026 income generation. The home functions as a spacious single-family residence OR could be utilized as 2-unit multi-family w/ separate entrances, bathrooms, bedroom, kitchen, etc. Ideal for owner-occupant, investors, rental property , or those seeking cash flow while planning future development. Spanning nearly 3 acres, pond is approx. approx 4 ft deep, w/ max of 5 ft. This water feature creates an attractive setting but may also provide strategic advantages for development through stormwater management \u0026 run-off detention capabilities. Its prominent location creates exceptional branding, marketing, \u0026 long-term appreciation potential. Located adjacent to the transformative Merriman Valley-Schumacher Area, properties benefit from millions of dollars in planned public \u0026 private investment throughout the surrounding area. Investors, developers, \u0026 owner-occupants can establish a presence before the area\u0027s full appreciation cycle unfolds. Maps, zoning info, soil rpts, disclosures avail in supplements. Please do not walk the property without prior approval. Occupied home. MLSNow 5218078

Directions to property: From State Rd, travel towards the Merriman Valley. 532 is located on the left, with additional properties located along Northampton Rd and Dillon Drive.