195 Main St Akron, OH 44308
- Office buildings
- 24,800 SF
- 0.16 lot acres
Current Use by Public Records
- Kaman Fluid Power / Industrial Equipment Supplier / Distribution Service
- 195 Building LLC / General Contractor / Real Estate
- Knapic Barbara A / Attorney
- Akron Community Foundation / Foundation
- Big Toy Express / Toy Store
Property Details for 195 Main St
- Year built
- 1966
- Lot size
- 0.16 lot acres
- Property size
- 24,800 SF
- Property type
- Office buildings
- APN
- 68-15995
- APU
- 6815995
Description
The 195 Building, located at 195 S Main St, Akron, OH 44308, offers exceptional executive office space in a completely renovated Class B building. Originally built in 1966, this four-story structure boasts a total of 21,632 square feet and currently has 19,775 square feet available for lease. The building features four total suites, with minimum divisible space of 3,815 square feet and a maximum contiguous space of 5,651 square feet. Recent renovations by the Schipper Group included a new exterior facade, a new roof, a new HVAC system, and new common lobbies on the first and fourth floors. This prime location in Summit County offers easy access to Akron's vibrant business district. The building is ideal for businesses seeking modern, efficient, and well-maintained office space in a historically significant building. The property's multiple tenancy option provides flexibility for businesses of various sizes. Interested parties are encouraged to inquire about available suite sizes and lease terms. This is a rare opportunity to secure high-quality office space in a revitalized Akron landmark.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $775,000
- 6.5%
- $660,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $660,000
- Geo Method
- $750,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $820,000
- Retail
- $790,000
- Mixed-Use
- $670,000
- Hospitality
- $680,000
- Educational
- $775,000
- Residential Income
- $820,000
- Energy
- $725,000
- Income-Based Land
- $665,000
- Food Service
- $730,000
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.5192
- Latitude
- 41.0799
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA