For Sale
$480,000

148 Miller AveAkron, OH 44301

Prime Akron investment: Office & storage.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully occupied, two-building complex situated on a 1.396-acre lot in Akron, Ohio. The property features a charming, 13,141 square foot, two-story office building constructed in 1930, boasting rich period finishes, including operational safes and vaults. Recent upgrades include new air conditioning units (2014/2018) and 20-year warranty roofs (2018). Security features are comprehensive, encompassing an electric gate opener, ADT security system, and a Swan 6-camera monitoring system. Modern infrastructure is in place with fiber optics and Cat6/coax cabling. The property also includes 23 self-storage units, ranging in size from 8'x20' to 12'x30', totaling 7,071 square feet. The office space comprises 6,070 square feet, and the property includes two restrooms. Currently leased through December 31, 2024, this property offers a strong return on investment. The property is zoned U-5 Ordinary Industry and is conveniently located just east of S. Main St. and Broadway St., approximately half a mile from I-76. The asking price is $480,000, with 2020 taxes totaling $7,834.18. The land value is $36.53 per square foot. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Akron location.

Highlights

  • Sale Price: $480,000
  • Annual Property Taxes: $7,834.18 (2020)
  • Lease Expiration: December 31, 2024
  • Self-Storage Units: 23 units, 7,071 square feet
  • Office Area: 6,070 square feet
  • Building: Two-story office building

Property Details for 148 Miller Ave

Property type
Office properties, Self storage facilities
Square Feet
13,141 SF
Class
B
Year Built
1930
Buildings
2
Stories
2
Lot Size (sq. ft)
60,810 SF
Units
23

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.0562949
Longitude
-81.5235988
148 Miller Ave, Akron, Ohio

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148 Miller Ave
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