3200 S Main St
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3200 S Main St
4,877 SF Office Building Akron, OH 44319 $450,000 ($92/SF) 5.50% Cap Rate
Investment Highlights
- Two-story wood frame/masonry
- Gable roof with asphalt shingles
- Security system
- Brick facing/aluminum siding/concrete block
- Carpet/Tile/Vinyl Flooring/Overhead Lighting
- Site improvements include graveled parking and concrete pad in front, landscaping, exterior lighting, exterior sign and wood deck
Executive Summary
This unique multi-use property offers light industrial, office, retail, or multi-family uses, with optional detached garage and residential property nearby. Features include parking, office suites, and security system. Small warehouse and shop with drive-in door, two upstairs apartments. New two-year NNN Lease (As of 9/1/24)
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,877 SF
Building Class
C
Year Built
1950
Price
$450,000
Price Per SF
$92
Cap Rate
5.50%
NOI
$24,750
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,771 SF
Slab To Slab
10’
Building FAR
0.99
Land Acres
0.11 AC
Parking
10 Spaces (2.05 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 19-07585 | Improvements Assessment | $31,952 |
| Land Assessment | $5,632 | Total Assessment | $37,584 |
PROPERTY TAXES
Parcel Number
19-07585
Land Assessment
$5,632
Improvements Assessment
$31,952
Total Assessment
$37,584
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Margaret Rothschild Slesnick -
NAI Pleasant Valley
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3200 S Main St
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