O'Neil's Bldg 222 S Main St 268,713 SF 80% Leased 4-Star Office Building Akron, OH 44308 For Sale

INVESTMENT HIGHLIGHTS

  • Multilevel lobbies
  • Connected and covered parking deck
  • Across from new Polsky Building renovations and adjacent to new Lock 3 redevelopment
  • Atrium with large skylight
  • On-site restaurant with outdoor patio: Barley House

EXECUTIVE SUMMARY

Class A Office Opportunity in the heart of Downtown Akron. 222 South Main has been an essential part of downtown Akron’s story for more than 85 years. Built in 1928 by Chicago firm Graham, Anderson, Probst, and White, the building was the home of the legendary O’Neil’s department store. For the next 60 years, it became a bustling hub of activity in downtown Akron, bringing visitors from all over Northeast Ohio to shop and explore. O’Neil’s closed its doors in 1988, but the building and its story live on.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
268,713 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1928/1998
Percent Leased
80%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
44,785 SF
Slab To Slab
12’
Building FAR
5.99
Lot Size
1.03 AC
Opportunity Zone
Yes
Zoning
U-3 - Restaurant use or could be used for retail or office space.
Parking
500 Spaces (2.17 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Restaurant
  • Security System
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 1-A
  • 12,000 SF
  • Restaurant
  • Full Build-Out
  • Now

222 South Main Street Suite 1-A is a well-maintained 12,048-square-foot mixed-use/office condominium in Akron, Ohio. The unit is exceptionally established within the beautifully renovated O’Neil’s building located in the heart of Downtown Akron between Lock 3 and Canal Park Stadium. The O’Neil’s building is an extraordinary Class A office building that is over 267,000 square feet. The interior building finishes feature a variety of mahogany woodwork, terrazzo, and marble flooring throughout. An attached covered parking garage owned by the City of Akron offers easy access and maneuverability for tenants and visitors. The O’Neil's building offers both private offices and an open workspace environment with numerous options for a prestigious entry. The mixed-use/office condo is surrounded by a sizeable population where nearly 232,190 residents earn an average household income of about $56,000 within a brief five-mile radius. These residents live in 55% of owner-occupied homes and have an age range from 37 to 40 years old. Within the five-mile perimeter, the population expends over $2.3 billion annually. 222 South Main Street Suite 1-A is in prime positioning with excellent access to Interstate 77, Interstate 76, and Route 8. This condo unit serves as a favorable owner-user or value-add investment opportunity for a new owner or investor to be in an incredible location to have a prosperous business. Property tours are available by appointment only. Please contact the broker to schedule.

  • 6th Floor
  • 28,659 SF
  • Office
  • Full Build-Out
  • Now

Fully furnished space overlooking an entire 3-story glass atrium creating a unique office view and lobby experience

Space Size Space Use Condition Available
1st Fl-Ste 1-A 12,000 SF Restaurant Full Build-Out Now
6th Floor 28,659 SF Office Full Build-Out Now

1st Fl-Ste 1-A

Size
12,000 SF
Space Use
Restaurant
Condition
Full Build-Out
Available
Now

6th Floor

Size
28,659 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
Walk Score®
Very Walkable (80)

PROPERTY TAXES

  • Listing ID: 33536935

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 222 S Main St, Akron, OH 44308