Downtown Akron Redevelopment or Owner-User Opportunity

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Listing was updated on: 01/26/2023

366-368 S. Main Street, Akron, OH, US

Location
Main Street, Downtown Akron, within the Main-Exchange Historic District; also part of the Ohio & Erie Canal National Heritage Corridor.

Sale
Mixed-Use Redevelopment or Owner-User. This property is located in the Historic Main-Exchange District, Downtown Akron and directly across from The Standard (236 new market rate apartments) and 401 Lofts (189 units/323 student housing beds). This 2-story gem is a great Mixed-Use Redevelopment Project consisting of ground level retail and 2nd floor apartments eligible for the city's 15-year tax abatement. Project estimated ROI over 11% at listing price; Minimum $102,000 stabilized NOI.

REQUEST FULL OM FOR PROJECTED REDEVELOPMENT COSTS & ANALYSIS