368 Main StAkron, OH 44311

This exceptional 10,065 square foot mixed-use property, located at 368 South Main Street in Akron, Ohio's vibrant downtown, presents a compelling redevelopment opportunity. Built in 1880 and renovated in 2000, this two-story building boasts a rich history, previously serving as one of Akron's first banks – its original vault and drive-thru features remain. The property sits on a 0.77-acre lot and is zoned U-3, offering flexibility for various uses. The building is currently vacant, providing a blank canvas for a new owner-user or mixed-use project. Significant recent investments include a new boiler and newer roof, ensuring efficient operation. The location within the Historic Main-Exchange District and Ohio & Erie Canal National Heritage Corridor offers unparalleled access to a thriving downtown area. High daily vehicle traffic counts (22,000 VPD on Exchange Street, 15,000 VPD on South Main Street, and 10,000 VPD on Cedar Street) ensure high visibility. The property benefits from proximity to numerous amenities, including Canal Park Stadium, Akron Civic Theater, Lock 3 Park, the Towpath Trail, a wide array of retail and dining options, and three major medical systems (Akron Children's Hospital, Summa Health, and Cleveland Clinic Akron General). Furthermore, its location near The University of Akron and Stark State College, coupled with over 2,500 existing downtown residential units (with hundreds more planned), guarantees a robust customer base. A 15-year tax abatement is available for residential/apartment redevelopment, making this a financially attractive proposition. The asking price is $450,000 ($44.71 per square foot). The existing drive-thru presents a unique opportunity for a convenient pick-up window.