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Property profile & analytics
OFF-MARKET Estimated value $4,815,000
Office Spaces

704 Main St Akron, PA 17501-1319

43,155 SF 2 ac lot Built 1924
Entity Owned ~ Est. High Equity
Property ID
US73-2250534
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1924
Construction BRICK
Total area 43,155 SF
Lot 2 ac (87,120 SF)
Zoning code C-1
APN 020-45539-0-0000
UPID US73-2250534
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
  • Operations at Ten Thousand Villages Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.09M
Blend (final) Blend
$4.82M
Owner & transaction history
Legacy Investment LLC
Legacy Investment LLC
since 2026
Last sale
$3.3M
7 recorded transactions
2026
$210,000
2026
Price N/A
2026
$210,000
2025
$3.3M
2023
Price N/A
2022
Price N/A
2018
Price N/A
Zoning & alternative use
C-1 · Akron, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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