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    FOR SALE
    Office buildings

    572 W Market St, Akron, OH 44303

    13,311 SF 1.19 ac lot Built 1963
    Entity Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US66-0515926
    Property summary
    AI-generated overview

    This exceptional office space, located at 572 W Market St, Suite 5, Akron, OH 44313, offers a prime opportunity for a small business seeking convenient and affordable accommodations. The property is part of a larger building totaling 13,311 square feet, encompassing twelve individual suites in a multi-tenant configuration. This particular suite boasts 800 square feet of usable space, ideal for a retail business or a small office. Situated in Akron's vibrant Highland Square District, on the south side of West Market Street, west of Merriman Road, this location provides easy access to a variety of amenities. The area is known for its proximity to entertainment venues, shopping options, and other businesses, creating a dynamic and convenient environment. The property sits on a 1.46-acre lot and is zoned U-3. This listing presents a rare chance to secure a well-located, functional space within a thriving community. The building offers a traditional office layout with creative office potential, making it suitable for a range of business types. Don't miss this opportunity to establish your business in a desirable Akron location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1963
    Construction FRAME
    Total area 13,311 SF
    Lot 1.19 ac (51,836 SF)
    APN 67-09439
    UPID US66-0515926
    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
    • Farmers Insurance - Nicholas Hill Insurance Agency
    • Right to Life of Northeast Ohio Social Services Organization Association Or Organization
    • Summit Recovery Hub Charitable Organization Social Service Agency
    • Youth for Life of Northeast Ohio Association / Organization
    • Ohio Therapy & Rehab Center LLC Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Vgb West Market Property LLC · 15 yrs held
    Vgb West Market Property LLC
    since 2011
    1 recorded transaction
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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