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    137-147 Main St Akron, OH 44308

    For Sale
    Contact for pricing

    Historic Akron Office Building - 43,024 SF

    Property size:
    43,024 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Delaware Building, located at 137-147 S Main St in Akron, Ohio's Central Business District, presents a unique investment opportunity. This 43,024 square foot, Class B building, constructed in 1918, boasts a blend of retail and executive office space. The property features 41,024 square feet dedicated to executive office space and an additional 2,000 square feet of retail space, currently operating at 100% occupancy. The two-story building sits on a 0.33-acre lot and includes a private 44-space parking deck, offering convenient access for tenants and visitors. Further parking is available via access to the Cascade Parking facility and a convenient skywalk connection. The building has undergone numerous recent renovations and offers valuable building signage opportunities. This property is situated in a prime Akron location, providing excellent visibility and accessibility. The building's history and central location combine to create a compelling investment prospect. The property's features include a total of 43,024 square feet, a private parking deck, and convenient access to additional parking and a skywalk. This is a rare opportunity to acquire a well-maintained, fully occupied commercial building in a thriving downtown area.

    Property Features for 137-147 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    43,024 SF
    Class
    B
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1918
    Buildings
    1
    Stories
    2

    HighLights

    • 43,024 total square feet
    • 41,024 square feet of executive office space
    • 2,000 square feet of retail space
    • Two‑story building
    • Private 44‑space parking deck
    • Access to Cascade Parking via skywalk
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5183378
    Latitude
    41.0813173

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Akron Office Building - 43,024 SF
    Where is this office property / space located?
    The property is located at 137-147 Main St Akron, OH.
    What are key features of this property?
    This property features: 43,024 total square feet; 41,024 square feet of executive office space; 2,000 square feet of retail space
    Request Owner's contact information
    137-147 Main St Akron, OH 44308
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    Akron, OH 44308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    137-147 Main St Akron, OH 44308
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