Will Co-Broke
Downtown Akron Redevelopment or Owner-User Opportunity
Commercial real estate listings in Fairlawn, OH, USA
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views count 10 Views
Listing was updated on: 01/26/2023
location icon 366-368 S. Main Street, Akron, OH, US
Retail for Sale
from January 26, 2023
Description

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

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The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.