JewishAkron Lists Historic Schultz Campus for $2.5 Million
The 130,000-square-foot Akron site is on the market due to unsustainable maintenance and operating costs.
Updated on Oct. 29, 2026 in Judaism
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JewishAkron has placed its long-standing 130,000-square-foot Schultz Campus in Akron on the market for $2.5 million. The organization is now considering a sale-leaseback arrangement to maintain its local programming operations.
Why it matters
The sale is driven by the aging facility's high maintenance costs, which have become unsustainable relative to the organization's income. Leadership is currently reviewing program viability as it seeks a more financially stable model for its future educational efforts.
The campus, constructed in 1961, includes 130,000 square feet of building space and 50 acres of surrounding land listed separately. The facility currently supports 187 employees and serves 96 students enrolled at the Lippman School.
The players
JewishAkron
This nonprofit organization provides community programming and educational services to the Jewish population in the Akron area.
The Lippman School
Located on the Schultz Campus, this educational institution currently provides schooling for 96 enrolled students.
Summit Commercial Real Estate Advisors
This firm serves as the real estate representative managing the sale of the 130,000-square-foot property.
The details
Summit Commercial Real Estate Advisors is representing JewishAkron in the sale of the property located at 750 White Pond Drive. The site houses multiple institutions, including the Shaw JCC, the Thom and Lisa Mandel Early Childhood Education Center, and Beth El Congregation.
Timeline
The campus facility was originally constructed in 1961.
JewishAkron published an updated community Q&A page on October 23, 2026.
Culture Shift
This move mirrors the national trend of religious and nonprofit organizations divesting from aging real estate assets to address fiscal pressures. It marks a departure from traditional community ownership models as organizations prioritize operational flexibility over physical legacy.
Current students and program participants will see little immediate change as the organization explores a potential leaseback arrangement to stay on-site. However, future program availability remains subject to an internal review process.
The takeaway
Nonprofit groups often face difficult choices when aging infrastructure consumes the budget needed for core community services. Proactive divestment or sale-leaseback strategies are increasingly used to sustain essential programming in tighter economic environments.
Further reading
Learn more about the local community landscape in Akron Judaism.
Source note: This article includes information reported by Akron Beacon Journal.
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Should local nonprofits sell historic properties if maintenance costs become unsustainable?
