Renovated Mixed-Use
New
For Sale
$4,900,000
797 E Market St, Akron, OH 44305
Three-story property combines apartments, restaurant space, hospitality amenities, and substantial resident and event facilities.
Property Size66,829 SF
Price / SF$73.32
Days on Market2
Property Features for 797 E Market St
General Information
Standard status
Active
Size
66,829 SF
Total Parking Spaces
84
Elevators
Yes
Additional Details
Multifamily Units
40
Amenities
business center
exercise room
multiple club lounges with workspaces
pool table
private event spaces
onsite laundry
full security and fire systems
members-only Coat Room Lounge
Screen Suites
Building Details
Year Built
1965
Year Renovated
2020
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
RE/MAX Crossroads Properties
Listed By:
Jessica Nader · License #2019004118
(330) 209-2008
Source:
Groganzeiger
Added: Sep 10
Last Checked: Sep 10 at 2:47PM
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 RE/MAX Crossroads Properties
Investment Insights
Based on property information with market context.
The 66,829-square-foot, three-story mixed-use property includes 40 one- and two-bedroom apartments along with the Alexander Pierce Restaurant. Renovations completed in 2019 and 2020 updated residential interiors, common areas, and building systems, including energy-efficient mini-split heating and cooling. Additional improvements include multiple elevators, security and fire systems, onsite laundry, and off-street parking for 84 vehicles.
The property also features the members-only Coat Room Lounge and first-floor Screen Suites for private dining and theater use. Residents have access to a business center, exercise room, club lounges with workspaces, pool table, and private event areas. The building is located near the University of Akron, major medical hubs, and downtown Akron.
The property also features the members-only Coat Room Lounge and first-floor Screen Suites for private dining and theater use. Residents have access to a business center, exercise room, club lounges with workspaces, pool table, and private event areas. The building is located near the University of Akron, major medical hubs, and downtown Akron.
Key Highlights
- 66,829‑square‑foot mixed‑use property with three stories
- 40 one- and two‑bedroom apartment residences
- Renovations completed between 2019 and 2020
Property Analytics
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Current Use
Lease Details
40
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,993
Businesses Nearby
Explore this area
Business Placement
Demographics for 44305, OH
21,214
Population
10,230
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,166
Density / Sq Mi
$55,909
Median Household Income
$37,409
Median Earnings
$974
Median Rent
$89,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story property combines apartments, restaurant space, hospitality amenities, and substantial resident and event facilities.
Where is this mixed-use property located?
The property is located at 797 E Market St Akron, OH.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 66,829‑square‑foot mixed‑use property with three stories; 40 one- and two‑bedroom apartment residences; Renovations completed between 2019 and 2020
