Brick Office Building with
6020 Manchester Road Akron, OH 44319
6020 Manchester Road, Akron, OH, 44319
$499,900
For Sale
$499,900
Former bank office building with two street access points, drive-through, vaults, and 45 parking spaces.
Property Size3,496 SF
Price / SF$142.99
Days on Market213
Property Features for 6020 Manchester Road
General Information
- Standard status
- Active
- Size
- 3,496 SF
- Property subtype
- Office
Building Details
- Year Built
- 2001
Listing agency
(330) 808-7255
Listed by
Russell Real Estate Services
(330) 808-7255
Source
Xome
Added: Dec 20, 2025 Updated: Jul 21 at 5:29AM Checked: Jul 21 at 5:29AM
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 Russell Real Estate Services
Investment Insights
Based on property information with market context.
This former bank building offers a newly constructed brick structure with approximately 3,400 square feet of interior space. The layout includes a large open office area, two restrooms, a spacious manager’s office, and a lunchroom. Building features include vaults and safes, 250-amp electrical service, and two high-efficiency furnaces. A drive-through is located at the rear of the property.
The site provides two street access points and is described as having over 6,000 cars passing daily. The property is zoned B-1, and buyers should confirm zoning compatibility with their intended use. The building is served by well and septic systems.
Outside, the property includes 45 parking spaces and is configured for customer or client access with the rear drive-through arrangement. All prior lending-related non-compete restrictions are listed as lifted, and tenants should verify their specific use with local authorities.
The site provides two street access points and is described as having over 6,000 cars passing daily. The property is zoned B-1, and buyers should confirm zoning compatibility with their intended use. The building is served by well and septic systems.
Outside, the property includes 45 parking spaces and is configured for customer or client access with the rear drive-through arrangement. All prior lending-related non-compete restrictions are listed as lifted, and tenants should verify their specific use with local authorities.
Key Highlights
- Former bank office building built in 2001 with central air and gas heating
- Two street access points plus drive‑through at the rear
- Over 3,400 sq ft with a large open office area, manager’s office, lunchroom, and 2 restrooms
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 | $59.2k | $16.92 |
| − Vacancy | −$4.0k | −$1.15 |
| EGI | $55.1k | $15.77 |
| − OpEx | −$13.8k | −$3.94 |
| NOI | $41.3k | $11.83 |
3,496 SF · lease $16.92/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$590.7K
$516.8K – $689.1K
NOI $41,347 @ 7.0% cap · market cap 8.27%
Second Best
Healthcare Medical
$543.7K
$475.7K – $634.3K
NOI $38,059 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$857.9K
$750.7K – $1.00M
NOI $60,056 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Former bank office building with two street access points, drive-through, vaults, and 45 parking spaces.
Where is this office building located?
The property is located at 6020 Manchester Road Akron, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Former bank office building built in 2001 with central air and gas heating; Two street access points plus drive‑through at the rear; Over 3,400 sq ft with a large open office area, manager’s office, lunchroom, and 2 restrooms
