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Property profile & analytics
OFF-MARKET Estimated value $745,000
Turn key restaurants

328 Main St Akron, OH 44308-1204

18,410 SF 0.13 ac lot Built 1916
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-0976511
Property summary
AI-generated overview

This exceptional 18,410 square foot, three-story building located at 328 S Main St in Akron, Ohio, presents a unique investment opportunity. Built in 1910, this historic property sits on a spacious 14-acre lot and is currently configured as a bar and restaurant. The asking price is $649,900, translating to $35.30 per square foot. The building's rich history includes a previous life as the Akron Axe House. The sale includes existing kitchen equipment, DJ booths, a dance floor, and even intact bank vaults, offering a multitude of potential uses for a creative buyer. The property's substantial size and prime downtown Akron location provide ample space for expansion or adaptation to suit various business ventures. The owner is motivated to sell, making this a compelling opportunity for an owner/user seeking a unique and established commercial space in a vibrant urban setting. The property's three floors offer significant flexibility for layout and design, catering to a wide range of business needs. This is a rare chance to acquire a piece of Akron's history and establish a thriving business in a high-traffic area. The 44308 zip code offers excellent access to local amenities and transportation networks. The building's solid construction and substantial lot size provide a strong foundation for future growth and development.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1916
Total area 18,410 SF
Lot 0.13 ac (5,706 SF)
APN 67-01084
UPID US66-0976511
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$786k
Blend (final) Blend
$745k
Owner & transaction history
23 Press LLC · 1 yrs held
23 Press LLC
since 2025
7 recorded transactions
2025
Price N/A
2022
Price N/A
2018
Price N/A
2015
$518,253
2011
Price N/A
2011
$110,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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