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Apartment Redevelopment Building with Elevator
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326 S Main St, Akron, OH 44308

Former bank building with an elevator, open floor plan, and second- and third-floor space suited for apartment redevelopment.

Property Size25,509 SF
Price / SF$49
Days on Market3

Property Features for 326 S Main St

General Information

Standard status Active
Size 25,509 SF
Total Parking Spaces 8
Elevators Yes
Property subtype OFFICE

Amenities

updated mechanical systems
newer windows
open space floor plan

Building Details

Buildings 1
Stories 3
Listing Agency: SVN Summit Commercial Real Estate Advisors
Listed By: Jerry Fiume, SIOR, CCIM
Source: Moodyscre
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 30 at 3:57AM

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

Investment Insights

Based on property information with market context.

The Cilantro Building is a 25,509 SF former bank building anchored by the Cilantro Restaurant on the first floor. The second and third floors offer open space floor plans intended to be redeveloped with approximately ten to fourteen apartment units.

The building is positioned next to Canal Park, home of the Class AA Rubber Ducks minor league baseball team affiliated with the Cleveland Indians. On-site amenities include updated mechanical systems, an elevator, newer windows throughout, and eight designated garage parking spaces.

This configuration provides an income-producing first-floor restaurant tenant while allowing flexibility to reimagine the upper floors for multifamily use.

Key Highlights

  • 25,509 SF former bank building anchored by the Cilantro Restaurant
  • Second and third floors can be redeveloped with about ten to fourteen apartment units
  • Open space floor plan on the second and third floors

Property Analytics

Current Use

Cilantro Thai & Sushi ... Restaurant ALL US | Mold ... Hardware & Home Improvement

Suggested Use

Top Pick Veterinary Clinic Locksmith Acupuncture Storage Facility Pet Grooming Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 44308, OH

1,037
Population
478
Households
2.2
Avg Household Size
30
Median Age
40%
College-Educated
95%
High-School Grad
0.5 sq mi
ZIP Area
2,074
Density / Sq Mi
$15,473
Median Household Income
$8,924
Median Earnings
$733
Median Rent
$433,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Former bank building with an elevator, open floor plan, and second- and third-floor space suited for apartment redevelopment.
Where is this apartment building located?
The property is located at 326 S Main St Akron, OH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 25,509 SF former bank building anchored by the Cilantro Restaurant; Second and third floors can be redeveloped with about ten to fourteen apartment units; Open space floor plan on the second and third floors
(330) 416-0501 Call to check price and availability
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