411 Wolf Ledges PkwyAkron, OH 44311

For Sale
$2,395,000

Prime Akron Office Space, 44,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 44,800 square foot, four-story office building at 411 Wolf Ledges Pkwy in Akron, Ohio, presents a compelling owner-user investment opportunity. The property, situated on a 2.16-acre lot, boasts 148 parking spaces—a rare find in downtown Akron. Built in 1970 and extensively renovated between 2007 and 2020 (including a new roof and HVAC systems in 2019), the building features modern amenities such as double-hung plate glass windows, an ADA-accessible elevator, and restrooms on each floor. Currently 64% occupied, this multi-tenant property offers significant upside potential. The building is zoned U4-Commercial and benefits from its location in a designated Opportunity Zone and HUBZone. Its proximity to University Park District, East Exchange Street, downtown Akron, restaurants, hospitals, and major highways (I-77/76 & SR 8) enhances its appeal. The University of Akron Research Foundation is the current owner. The asking price is $2,395,000 ($53.46/sq ft). Tenant improvement allowances are available. This meticulously maintained property represents a rare opportunity to acquire a substantial, well-located office building in a thriving Akron neighborhood.

Highlights

  • 148 free parking spaces in Downtown Akron.
  • University Park District location, near East Exchange St.
  • Excellent access to downtown Akron amenities, hospitals, and major highways (I-77/76 & SR 8).
  • Owner-occupied and meticulously maintained.
  • $1 million invested in building upgrades, maintenance, and tenant improvements.

Property Details for 411 Wolf Ledges Pkwy

Property type
Other office properties, Office space
Square Feet
44,800 SF
Year Built
1970
Buildings
1
Stories
4
Lot Size (sq. ft)
94,090 SF

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.072446255336
Longitude
-81.520048226474
411 Wolf Ledges Pkwy, Akron, Ohio

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411 Wolf Ledges Pkwy
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