1915 Market StAkron, OH 44313

Property Details for 1915 Market St

Year built

1990

Lot size

1.71 AC

Property size (Sq ft)

8,100 SF

Property type

Retail properties

Property subtype

Retail space

APN

68-55632

APU

6855632

Description

This exceptional single-story office/retail complex at 1915 W. Market St, Akron, OH 44313, offers a unique opportunity to lease a highly desirable executive office suite. The property boasts a total of 22,500 square feet, situated on a 1.71-acre lot, and is zoned U-3 Retail. Currently, 4,100 square feet of contiguous space is immediately available, divisible down to 2,050 square feet, making it suitable for a variety of business needs. The available suite features a well-designed layout including an administrative/waiting area, a large conference room, nine private offices, a full kitchen, and two restrooms—each equipped with a shower, a convenient amenity for those who enjoy nearby Sand Run Metro Park. This property benefits from its location within a vibrant area offering an abundance of amenities. The landlord is offering a competitive below-market rental rate of $9.00 per square foot in the first year, with estimated net charges of approximately $3.00 per square foot. This presents a compelling opportunity for businesses seeking high-quality office space in a desirable Akron location. Don't miss this chance to secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $2,264,439

  6.5%

  $2,090,252

  7%

  $1,940,948

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,909,338

  Geo Method

  $1,909,338

• Alternative Use

  Use

  Valuation

  Residential

  $1,763,205

  Hospitality

  $1,615,087

  Educational

  $1,343,733

  Medical

  $1,389,946

  Retail

  $2,090,252

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.1139

Longitude

-81.5761

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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