328 Main St Akron, OH 44308-1204
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.
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.