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3200 S Main St

4,877 SF Office Building Akron, OH 44319 £355,050 (£73/SF) 5.50% Net Initial Yield

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)

Attachments

3200 S Main St - Sale & Investment

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
£355,050
Price Per SF
£73
Net Initial Yield
5.50%
NOI
£19,528
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,771 SF
Slab to Slab
10 ft
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 £25,210
Land Assessment £4,444 Total Assessment £29,654

PROPERTY TAXES

Parcel Number
19-07585
Land Assessment
£4,444
Improvements Assessment
£25,210
Total Assessment
£29,654
(330) 575-7584

  • Listing ID: 32124666

  • Date on Market: 13/06/2024

  • Last Updated:

  • Address: 3200 S Main St, Akron, OH 44319

The Office Property at 3200 S Main St, Akron, OH 44319 is currently available For Sale. Contact NAI Pleasant Valley for more information.

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© 2024 CoStar Group

3200 S Main St
(330) 575-7584 x

3200 S Main St

Margaret Rothschild Slesnick

(330) 575-7584

(330) 575-7584

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