1 Cascade Plz, Akron, OH 44308-1136
This exceptional 2,947 square foot retail space, formerly a PNC Bank branch, presents a unique opportunity in the heart of downtown Akron. Located on the highly visible corner of South Main and West Bowery streets, this single-tenant property benefits from exceptional visibility and accessibility. The site enjoys significant daily traffic, exceeding 10,000 vehicles per day, due to its strategic position directly off the SR-59 corridor. This translates to substantial foot traffic and exposure for any business. The surrounding area boasts a robust customer base, with over 112,000 people residing within a 3-mile radius and a substantial daytime population of over 31,000 employees within a 1-mile radius. This first-floor space is ideal for a variety of retail uses, offering ample room for a flagship store or a smaller business seeking a high-profile location. The property is situated in Summit County and is ready for immediate occupancy. Its former use as a bank branch suggests a secure and well-maintained structure, ready for a new tenant to customize and thrive. The high volume of traffic and proximity to a dense population make this an unparalleled opportunity for a business seeking maximum exposure and a strong customer base in a thriving urban setting. This property offers a rare combination of location, size, and accessibility, making it an attractive investment for discerning businesses.
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PNC bank Bank Loan Service
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PNC Private Bank Financial Advisor
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Decarlo Michael Law Firm
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Kevin P. Hardman Law Firm
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Semple & Eicher Co, LPA Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.