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 |