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Property profile & analytics
OFF-MARKET
Retail space

1900 Market St Akron, OH 44305-4256

3,588 SF 0.42 ac lot Built 1980
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US66-6111519
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Total area 3,588 SF
Lot 0.42 ac (18,121 SF)
APN 68-52381
UPID US66-6111519
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AM Drive Thru Grocery & Convenience Store Food Market
  • Assassin Tattoo Studio Tattoo & Piercing Shop
  • Kurves Boutique LLC Department Store
  • New Season Treatment Center – Akron Medical Clinic
  • Get Fit 24/7 Power Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Akron Greenald LLC · 5 yrs held
Akron Greenald LLC
since 2021
Last sale
$210,000
5 recorded transactions
2021
$210,000
2016
$135,000
2016
$174,000
2006
$375,000
1998
$250,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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