Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    148 Miller Ave Akron, OH 44301

    For Sale
    $480,000

    Prime Akron investment: Office & storage.

    Property size:
    13,141 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a fully occupied, two-building complex situated on a 1.396-acre lot in Akron, Ohio. The property features a charming, 13,141 square foot, two-story office building constructed in 1930, boasting rich period finishes, including operational safes and vaults. Recent upgrades include new air conditioning units (2014/2018) and 20-year warranty roofs (2018). Security features are comprehensive, encompassing an electric gate opener, ADT security system, and a Swan 6-camera monitoring system. Modern infrastructure is in place with fiber optics and Cat6/coax cabling. The property also includes 23 self-storage units, ranging in size from 8'x20' to 12'x30', totaling 7,071 square feet. The office space comprises 6,070 square feet, and the property includes two restrooms. Currently leased through December 31, 2024, this property offers a strong return on investment. The property is zoned U-5 Ordinary Industry and is conveniently located just east of S. Main St. and Broadway St., approximately half a mile from I-76. The asking price is $480,000, with 2020 taxes totaling $7,834.18. The land value is $36.53 per square foot. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Akron location.

    Property Features for 148 Miller Ave

    General Information

    Property type
    Self storage facilities
    Square Feet
    13,141 SF
    Class
    B
    Lot Size
    60,810 SF

    Building Details

    Year Built
    1930
    Buildings
    2
    Stories
    2
    Units
    23

    HighLights

    • Sale Price: $480,000
    • Annual Property Taxes: $7,834.18 (2020)
    • Lease Expiration: December 31, 2024
    • Self‑Storage Units: 23 units, 7,071 square feet
    • Office Area: 6,070 square feet
    • Building: Two‑story office building
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carmichael Construction Co Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5235988
    Latitude
    41.0562949

    Nearby Similar for Sale

    • New
      $550,000
      0.25 Acres

      Akron Multifamily Investment Opportunity

      Six-unit multifamily property in downtown Akron with income potential.
      628 Units, Akron, OH 44311
      View Details
    • $300,000
      4,174 SF

      Turnkey Akron Multifamily Investment Opportunity

      Two detached homes near universities and downtown Akron.
      585-583 E Buchtel Ave, Akron, OH 44304
      View Details
    • $549,900
      0.64 Acres

      Historic Akron Office Building

      Historic building in West Akron, suitable for office or conversion.
      697 W Market St, Akron, OH 44303
      View Details
    • $449,900
      Pending

      Renovated Triplex on Acreage

      Turnkey triplex with detached garage and significant rental potential.
      3213-3217 Pickle Rd, Akron, OH 44312
      View Details
    • $95,000
      1,498 SF

      Akron Multifamily Investment Opportunity

      Two-unit property in Kenwood, generating $1,350 monthly income.
      2320 22Nd St SW, Akron, OH 44314
      View Details
    • $408,000
      Pending

      Remodeled Twinplex on Acre Lot

      Move-in ready Akron twinplex with modern updates and spacious lot.
      2413 Meadow Spring Cir, Akron, OH 44312
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Prime Akron investment: Office & storage.
    Where is this self storage facility located?
    The property is located at 148 Miller Ave Akron, OH.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: Sale Price: $480,000; Annual Property Taxes: $7,834.18 (2020); Lease Expiration: December 31, 2024
    Request Owner's contact information
    148 Miller Ave Akron, OH 44301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    148 Miller Ave
    Akron, OH 44301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    148 Miller Ave Akron, OH 44301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.