1903 Brown St, Akron, OH 44301
Mixed-use property suitable for office, retail, or medical use.
- Added:
- Mar 6, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 16 at 2:57 pm
Property Features for 1903 Brown St
General Information
- Standard status
- Active
- Size
- 990 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1984
Listing office Berkshire Hathaway HomeServices Simon & Salhany
Listing date Mar 6, 2026
Source Crexi
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HighLights
- Mixed‑use space ideal for office, retail, medical, or professional use
- Private paved parking lot for customers and employees
- Excellent location on the corner of Brown St & Waterloo Rd, ¼ mile from Route 8, between Cleveland & Canton
- Currently configured for two separate businesses (beauty shop and office space)
- Well‑cared for property
- Built in 1984
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.8k | $16.92 |
| − Vacancy | −$1.1k | −$1.15 |
| EGI | $15.6k | $15.77 |
| − OpEx | −$3.9k | −$3.94 |
| NOI | $11.7k | $11.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.510162
- Latitude
- 41.029695