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    575 E Exchange St Akron, OH 44302

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    For Sale
    $575,000

    Upgraded commercial building with showroom, warehouse, and ample parking.

    Property size:
    6,157 SF
    Lot size:
    0.51 Acres

    Property Features for 575 E Exchange St

    General Information

    Size
    6,157 SF
    Lot size
    0.51 Acres

    Source: Hoff & Leigh Agent Jennifer Fernandez, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Building with Showroom/Warehouse

    This visible freestanding building is suitable for various commercial businesses. It is conveniently located near the Route 8 entrance/exit ramps and the University of Akron area. The upgraded building features a large showroom in the front and a warehouse with a mezzanine level, an overhead door, and a dock in the rear. The property also includes a partial kitchen, a couple of offices, four restrooms, and ample storage space both inside and outside. Parking lots are situated in the front and on the side of the building, providing ample parking and truck traffic access. Upgrades to the property include a newer roof and new flooring. The building has a total size of 6157 square feet. The current tenant is in place until October 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Exhale Hookah Hookah Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Covenant Flooring

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5028581
    Latitude
    41.0713776

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    FAQs

    What type of property is this?
    Showroom - Upgraded commercial building with showroom, warehouse, and ample parking.
    Where is this showroom located?
    The property is located at 575 E Exchange St Akron, OH.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Convenient location near Route 8 and the University of Akron.; - Large showroom and warehouse with mezzanine, overhead door, and dock.; - Ample parking and truck access with front and side parking lots.
    (330) 573-5933
    Request Owner's contact information
    575 E Exchange St Akron, OH 44302
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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
    575 E Exchange St Akron, OH 44302
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