21 West North Street Akron, OH 44304
Mixed-use property featuring lofts and event center in Akron.
Property Features for 21 West North Street
General Information
- Standard status
- Active
- Size
- 54,854 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Building Details
- Year Built
- 2016
Listing office Hanna Commercial Real Estate Cleveland (216) 861-5105
Listing date May 14, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate Cleveland
Investment Insights
Based on property information with market context.
Key Highlights
- Cascade Lofts
- Trailhead Banquet & Event Center
- Additional Property Details
Local Financial Insights For Apartment 5plus
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 | $842.6k | $15.36 |
| − Vacancy | −$43.0k | −$0.78 |
| EGI | $799.6k | $14.58 |
| − OpEx | −$359.8k | −$6.56 |
| NOI | $439.8k | $8.02 |
