366-368 S Main St

366-368 S Main St , Akron, Ohio, 44311 | 6,710 sq.f | $ 450,000

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About This Restaurant

Investment Highlights

Existing drive-thru ideal for pick up window Over 60,000+ daytime population Steps from Canal Park Stadium, Akron Civic Theater, Lock 3 Park, Towpath Trail, retail, restaurants, breweries, entertainment and arts & culture 22,000 VPD on Exchange; 15,000 VPD on S. Main; 10,000 VPD on Cedar Neighboring Retail: Buffalo Wild Wings, Jimmy Johns, Insomnia Cookies, Big Mama's Burritos, Muggswigz Coffee, DaVinci's, Walgreens Close to all 3 premier medical systems: Akron Children's Hospital, Summa Health, and Cleveland Clinic Akron General

Executive Summary

Two-story owner-user or mixed-use redevelopment opportunity. Located on Main Street in Downtown Akron's Historic Main-Exchange District and the Ohio & Erie Canal National Heritage Corridor. Previously used as office and originally one of Akron's first banks - vault and drive-thru features still exist.- Meticulously maintained systems; new boiler; newer roof- Within walking distance from The University of Akron & few blocks from Stark State College- Over 2,500 residential within the core of downtown (hundreds more under development and planned)- 15-yr tax abatement available for residential/apartments redevelopment

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Office Office General Retail Fast Food General Retail Restaurant General Retail Storefront Office
  • Building Size    6,710
  • Building Class    B
  • Year Built/Renovated    1880/2000
  • Price    450,000
  • Price Per SF    67
  • Tenancy    Single
  • Building Height    2 Stories
  • Typical Floor Size    3,355
  • Building FAR    1.40
  • Land Acres    0.11 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Property Taxes

Parcel Number 68-13714 67-28343 Improvements Assessment $7,228
Land Assessment $89,793 Total Assessment $97,021
Date Created: 2024-07-16 04:18:07 Last Updated: 2024-07-16 04:18:07
Address: 366-368 S Main St , Akron, Ohio, 44311