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    481 Market St Akron, OH 44303

    For Sale
    $299,900

    Spacious Office/Retail Space - Immediate Occupancy

    Property size:
    2,288 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2,288 square foot mixed-use building, located at the highly visible corner of West Market and North Blake Streets in Akron, Ohio, presents a remarkable investment opportunity. The brick structure previously housed a Jackson Hewitt tax office and is now vacant, ready for immediate occupancy following the title transfer. The property boasts ample parking for ten vehicles, a significant advantage in a bustling urban setting. Its versatile layout makes it ideal for a variety of uses, including office space, retail ventures, a deli, or a restaurant. The 0.12-acre lot provides convenient access and visibility. This property offers a compelling combination of location, size, and adaptability. The asking price is $299,900. Flexible financing options are available, including cash purchases, conventional financing, and owner financing with a 30% down payment. This is a rare chance to acquire a well-situated commercial property in a thriving Akron neighborhood. The building's solid construction and prime location ensure strong potential for return on investment. Don't miss this opportunity to secure a valuable asset in a desirable area. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 481 Market St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,288 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lake Land Employment ... Employment Agency Jackson Hewitt Tax ... Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.53278
    Latitude
    41.09233

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    FAQs

    What type of property is this?
    Mixed-use property - Spacious Office/Retail Space - Immediate Occupancy
    Where is this mixed-use property located?
    The property is located at 481 Market St Akron, OH.
    What is the asking price?
    The asking price for this property is $299,900.
    (440) 476-6000
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    481 Market St Akron, OH 44303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    481 Market St Akron, OH 44303
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