1900 Market St Akron, OH 44305-4256
West Market Plaza, located at 1900 W Market St, Akron, OH 44313, presents a compelling investment opportunity in the Akron-Canton-Medina submarket. This Class B, two-story building, constructed in 1979 and renovated in 1981, offers 31,894 square feet of retail and office space, currently featuring multiple tenancies. Six thousand two hundred sixty-six square feet are currently vacant, divisible into units ranging from 2,000 to 2,266 contiguous square feet. The property sits on a 1.14-acre lot and is zoned U-4 Commercial. Building amenities include one elevator and ample parking. Its prominent location on the busy West Market Street corridor provides excellent visibility and accessibility, enhanced by a traffic light. Below-market rents present significant upside potential, with the possibility of owner-occupied space. Several longer-term leases are in place, offering a stable income stream. The property's size and location also present a potential redevelopment opportunity. This offering is situated in Summit County, Ohio, within the Akron submarket cluster.
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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.