103 Western AveAkron, OH 44313

Property Details for 103 Western Ave

Year built

1980

Lot size

1.36 AC

Property size (Sq ft)

15,328 SF

Property type

Auto shops

APN

68-55631

APU

6855631

Description

This exceptional 15,328 square foot flex space property in Akron, Ohio, is available for sale at $1,250,000. Situated on a 1.36-acre lot with ULB zoning, it offers a versatile blend of office and warehouse space. The building boasts 3,040 square feet of attractive office space, including six private offices, a conference room, reception area, and open workspace, complemented by a 3,910 square foot mezzanine. Warehouse features include approximately 8,378 square feet of space, three overhead doors (two 16' and one 8'), a plant office, lunchroom, and restrooms. The property also includes modern amenities such as gas forced air heating, 600 amp 3-phase power, and approximately 28 parking spaces. Conveniently located near I-77 and West Market Street, this meticulously maintained property provides easy access to major transportation routes, making it ideal for a variety of businesses. The square footage is adaptable, ranging from 12,288 to 19,238 square feet. The property is also available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $4,285,102

  6.5%

  $3,955,478

  7%

  $3,672,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,613,128

  Geo Method

  $3,613,128

• Alternative Use

  Use

  Valuation

  Residential

  $3,336,594

  Hospitality

  $3,056,302

  Educational

  $2,542,808

  Medical

  $2,630,258

  Retail

  $3,955,478

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.115

Longitude

-81.576

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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