265 Main StKent, OH 44240

Property Details for 265 Main St

Year built

1924

Lot size

0.77 AC

Property size (Sq ft)

3,944 SF

Property type

Office properties

Property subtype

Other office properties

APN

17-025-30-00-016

APU

170253000016

Description

This exceptional office property, known as SR Macedon, offers a variety of leasing opportunities in the heart of Downtown Kent, Ohio. Located at 265 W Main St, this building boasts a total of 17,384 square feet and is conveniently situated at the corner of West Main Street and Route 43, offering excellent visibility and accessibility. The property features both traditional and creative office spaces, making it suitable for a wide range of businesses. Multiple tenancy options are available, with a minimum leasable space of 2,050 square feet and a maximum contiguous space of 8,135 square feet. The building includes elevators for convenient access to all floors. Its prime location offers easy access to Kent State University and the vibrant downtown area, placing businesses within close proximity to a diverse workforce and a thriving community. The property's address is 265 W Main St, Kent, OH 44240, and its APN is 17-025-30-00-016-000. This is an excellent opportunity to secure high-quality office space in a desirable and dynamic location. The building's proximity to the Cuyahoga River adds to its unique appeal. Several office suites remain available, offering flexible floor plans to accommodate various business needs and sizes. Inquire today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $750,059

  6.5%

  $692,362

  7%

  $642,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $368,922

  Geo Method

  $368,922

• Alternative Use

  Use

  Valuation

  Residential

  $858,529

  Hospitality

  $786,408

  Educational

  $654,282

  Medical

  $676,784

  Retail

  $1,017,772

Location Insight

City

Kent

County

Portage

State

Ohio

Latitude

41.1543

Longitude

-81.3599

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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