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Property profile & analytics

704 Main St Akron, PA 17501-1319

  • Office Properties & Spaces
  • 43,155 SF
  • 2.00 lot acres
OFF-MARKET
Last Sale
Dec 03, 2024
$3,290,000
Value Estimations
$4,815,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-2250534
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Operations at Ten Thousand Villages / Corporate Office

Property Details for 704 Main St

Year built
1924
Construction
BRICK
Lot size
2.00 lot acres
Property size
43,155 SF
Zone code
C-1
Property type
Office Properties & Spaces
APN
020-45539-0-0000
APU
204553900000

Description

This exceptional mixed-use property, located at 704 Main St in Akron, Pennsylvania (17501), presents a compelling investment opportunity. The property encompasses a substantial 64,981 square feet across three floors, situated on approximately 2.5 acres. The main building, a former Miller & Hess Shoe Company dating back to the 1920s, boasts a striking brick façade and robust interior structure, providing a solid foundation for redevelopment. Zoned for mixed-use, this property offers numerous possibilities, including multi-family or senior living conversions. The building features ceiling heights ranging from 9 to 12 feet, a sprinkler system, and a freight elevator servicing all three floors. Ample parking is available, accommodating over 100 vehicles. Current uses could include office, warehouse, distribution, or processing. This offering also includes the adjacent property at 718 Main St, a 1,941 square foot Cape Cod-style single-family home currently rented on a month-to-month basis. The property sits at a highly visible, signalized intersection, offering excellent visibility and accessibility. The asking price for this significant property is $2,950,000.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $5,090,000
    Market price range: $3.37M - $11.7M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Akron
County
Lancaster
State
Pennsylvania
Longitude
-76.2045
Latitude
40.1568
CBSA code
29540
CBSA name
LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$62,675
$165,000
$2,338,900
$2,503,900
-
$165,000
$2,338,900
$2,503,900
More about this property
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