For Sale
$2,750,000

118 Market StAkron, OH 44303

Prime Akron location, 37,000 SF warehouse

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Akron property, located at 118 W Market St, offers 36,979 square feet of versatile space, currently 100% occupied. The building, constructed in 1932, features a Class B designation and boasts a two-story design with a 20-foot ceiling height. Three dock-high doors facilitate efficient loading and unloading. The property sits on a 0.51-acre lot and is zoned U4 Commercial and U3 Retail, presenting significant redevelopment potential. Its strategic location near Route 8 and I-77 provides unparalleled access to major transportation arteries. The asking price is $2,750,000, translating to $74.37 per square foot. This mixed-use property, previously utilized as a mattress factory, presents a unique opportunity for developers and business owners seeking a prime location in a thriving area. The existing structure's capacity for expansion offers potential for high-density residential or commercial development. Three-phase power is already in place, streamlining the development process. This is a rare chance to acquire a substantial property in a highly desirable Akron location with significant upside potential. The property's APN is 6839927.

Highlights

  • $2,750,000 asking price for a 36,979 SF industrial property.
  • Located at 118 W Market St, Akron, OH 44303.
  • Property features 3 dock-high doors and 20' ceilings.
  • 100% occupancy with a mix of distribution, flex, and warehouse space.
  • Zoned U4 Commercial and U3 Retail, offering redevelopment potential.
  • Class B building, built in 1932, on a 0.51-acre lot.

Property Details for 118 Market St

Property type
Warehouses, Mixed-use properties
Square Feet
36,979 SF
Class
B
Year Built
1932
Buildings
1
Stories
2
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.087268870165
Longitude
-81.521732637213
118 Market St, Akron, Ohio

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118 Market St
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