Flex Building with Retail
For Sale
Contact for pricing
1471 Main St, Cuyahoga Falls, OH 44221
Two-story flex building featuring first-floor light manufacturing, a retail counter, office space, and an added warehouse area.
Property Size5,385 SF
Price / SF$60.35
Days on Market207
Property Features for 1471 Main St
General Information
Standard status
Active
Size
5,385 SF
Total Parking Spaces
12
Property subtype
Retail, Industrial, Mixed Use
Zoning
E-1
Building Details
Year Built
1950
Stories
2
Listing Agency:
SVN Summit Commercial Real Estate Advisors
Listed By:
Brian Foster · License #OH 2021008191
(234) 231-0229
Source:
Crexi
Added: Mar 28
Changed: Oct 16
Last Checked: Oct 19 at 4:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Summit Commercial Real Estate Advisors
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Investment Insights
Based on property information with market context.
This two-story flex building includes first-floor light manufacturing space with a retail counter, office area, and warehouse space. The original structure was built in 1950 with an exterior described as block construction, and the building includes additional space from a 2002 addition that adds warehouse and second-story office components.
The 2002 addition includes 2,368 square feet of warehouse space and approximately 1,500 square feet of second-story office space. The second story also features a conference room and private office.
With a configuration that combines light manufacturing, warehousing, and office use, the property is suited to businesses needing multiple operational functions within one building. The building is listed for sale at 1471 Main St in Cuyahoga Falls, Ohio.
The 2002 addition includes 2,368 square feet of warehouse space and approximately 1,500 square feet of second-story office space. The second story also features a conference room and private office.
With a configuration that combines light manufacturing, warehousing, and office use, the property is suited to businesses needing multiple operational functions within one building. The building is listed for sale at 1471 Main St in Cuyahoga Falls, Ohio.
Key Highlights
- Two‑story flex building with first‑floor light manufacturing, retail counter, office, and warehouse space.
- Includes 2002 addition adding 2,368 SF of warehouse and about 1,500 SF of second‑story office.
- Originally built in 1950 with approximately 1,517 SF in the original structure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,918
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,360
$518.4K
Cap Rate 7%
$370,257
$370.3K
Cap Rate 9%
$287,978
$288.0K
Market Conditions
NOI Build-Up for 5,385 SF
Gross rent
$31.7K $5.88/SF
− Vacancy
−$1.2K −$0.22/SF
EGI
$30.5K $5.66/SF
− OpEx
−$4.6K −$0.85/SF
NOI
$25.9K $4.81/SF
Area
Summit County, OH
Vacancy
3.70%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,360
Cap Rate 7%
$370,257
Cap Rate 9%
$287,978
Alternative Uses
Best Use
Office B
$909.8K
$796.1K – $1.06M
NOI $63,689 @ 7.0% cap · market cap 19.60%
Second Best
Warehouse
$370.3K
$324.0K – $432.0K
NOI $25,918 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,507 @ 7.0% cap · market cap 28.46%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Clean Eatz — 1791 Front St, Cuyahoga Falls, OH 44221
Frequently Asked Questions
What type of property is this?
Flex space - Two-story flex building featuring first-floor light manufacturing, a retail counter, office space, and an added warehouse area.
Where is this flex space located?
The property is located at 1471 Main St Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑story flex building with first‑floor light manufacturing, retail counter, office, and warehouse space.; Includes 2002 addition adding 2,368 SF of warehouse and about 1,500 SF of second‑story office.; Originally built in 1950 with approximately 1,517 SF in the original structure.
