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Property profile & analytics
FOR LEASE
Industrial properties

520 S Main St Akron, OH 44311

13,240 SF 18.06 ac lot Built 1907
Individually Owned Free & Clear
Property ID
US66-1255592
Property summary
AI-generated overview

Canal Place presents a unique investment opportunity in Summit County. This historic property, formerly the BFGoodrich rubber factory, boasts a rich industrial heritage now reimagined as a vibrant mixed-use space. The 2.622-acre site comprises five buildings, each rising six stories, offering a total of over 1 million square feet of space. Currently, one 13,790 square foot office space is available for lease within this multi-tenant complex. The property is zoned U-1, allowing for diverse uses. Built in 1908, the buildings retain their character while offering modern adaptability. The property's multiple buildings and various floorplates provide flexibility for a range of business needs, from small startups to larger enterprises. The substantial lot size and existing infrastructure offer significant potential for future development or expansion. The property's location in Summit County provides access to a thriving local economy and convenient transportation links. With its blend of history and modern functionality, Canal Place offers a compelling opportunity for businesses seeking a distinctive and adaptable workspace. The property's APN numbers are 6763927 and 6763928. The Class B designation reflects the property's well-maintained condition and functional design. The number of suites is currently zero, indicating the potential for customized space configurations.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1907
Total area 13,240 SF
Lot 18.06 ac (786,911 SF)
APN 67-60141
UPID US66-1255592
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
  • Apex Companies, LLC Environmental Consultant
  • Actech Software (Bike/Boat/Book/etc) Store Corporate Office
  • SACS Consulting & Investigative Services, Inc. Employment Agency Business Service Center
  • Quikey Computer Systems Electronics & Wireless Store
  • PerkinElmer Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
$950k
Comparable Approach Comparable
$747k
Blend (final) Blend
$685k
Owner & transaction history
Canal Place G
Canal Place G
since 2025
4 recorded transactions
2025
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.1M +127.4%
Apartment house (5+ units) $900,000 +92.5%
Commercial (general) $885,000 +88.8%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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