Property summary
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.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Tax year 2023Property description
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