209 Main StAkron, OH 44308

Property Details for 209 Main St

Year built

1937

Lot size

0.16 AC

Property size (Sq ft)

63,000 SF

Property type

Office buildings

APN

68-16205

APU

6816205

Description

This exceptional eight-story, 56,000 square foot office building, located at 209 S Main St, Akron, OH 44308, offers a blend of classic charm and modern functionality. Originally constructed in 1936 and extensively renovated in 2019, the Parkview Building provides a prestigious address in the heart of downtown Akron. The building is zoned C and situated in the Akron Canton submarket cluster of Summit County. Multiple tenancy options are available, with spaces ranging from a minimum of 500 square feet to a maximum contiguous space of 13,400 square feet. Currently, 14,400 square feet of office space is immediately available. The building features convenient elevator access and is ideally located near University St. This is a fantastic opportunity for businesses seeking a well-maintained, historically significant building with modern amenities in a vibrant downtown setting. The property offers a unique combination of character and contemporary upgrades, making it an attractive option for a variety of tenants. Inquire today to learn more about leasing opportunities within this landmark Akron building.

• CAP approach

  CAP return

  Valuation

  6%

  $11,981,159

  6.5%

  $11,059,532

  7%

  $10,269,565

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,893,020

  Geo Method

  $5,893,020

• Alternative Use

  Use

  Valuation

  Residential

  $13,713,819

  Hospitality

  $12,561,785

  Educational

  $10,451,257

  Medical

  $10,810,692

  Retail

  $16,257,511

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.0796

Longitude

-81.5195

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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