697 W Market StreetAkron, OH 44303

697 W Market StreetAkron, OH 44303

1/50 Fullscreen
$549,900 Active
Commercial - Office MLS 5130179

Listed By

Agency Name: Berkshire Hathaway HomeServices Simon & Salhany Realty
Agency Contact: 330-929-0707, simonsalhanysold@gmail.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Once in a lifetime opportunity to own a piece of Akron history. This historic home has only had three owners since its inception in 1890, which was built by Sam Miller of Mohawk Rubber, who was married to the daughter of the late F.A Seiberling. This amazing mansion of it's time features original, meticulously hand-crafted woodwork, trim, and incredible details throughout. Stunning lead glass windows, 9 ft ceilings with solid crafted 8-foot doors and glass knob handles. Although it's over 130 years old, the condition is incredible and preserved. Current use is law offices, which currently accommodates three businesses with the potential for 4-10 within the 3-story construction. Just imagine the possibilities here with a wide array of zoning options. Many updates, such as the electrical, plumbing, heating, and main systems, have been completed. This West Akron location is so convenient that downtown Akron is merely minutes away and loads of local restaurants, banks, and stores walking distance in the surging Highland Square district. Parking will never be an issue here with 30+ newly stripped parking areas and a 3-car garage for additional potential income revenue. Let us think about Airbnb, a restaurant, retail, professional offices, and even the ability to convert back to a residence with your office within. The age of the building is subject to verification

697 W Market Street | MLS# 5130179

This commercial property located at 697 W Market Street, Akron, OH 44303 is currently listed for sale with an asking price of $549,900. W Market Street is located within the Akron City school district. Search Akron real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Office
Basement: Full, Sump Pump, Walk-Up Access, Walk-Out Access
Basement: Yes
Cooling: Central Air, Electric, Wall Unit(s), Zoned
Days on Market: 266
Heating: Forced Air, Gas, Hot Water, Steam, Zoned
Lot Size: 0.64 Acres
Roof Type: Asphalt, Fiberglass
Taxes: $6,678 / year
Year Built: 1891

Feature Descriptions

Building Features: Meeting Room(s), Private Restrooms, Reception Area, Sign(s), Storage
Fencing: Chain Link
Parcel#: 6834461
Parking: Asphalt, Driveway, Electricity, Garage Faces Front, Garage, Garage Door Opener, On Site, Paved, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 697 W Market Street, Akron, OH 44303
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau