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1011 Gorge Blvd
Akron, OH 44310
Office Property For Sale


Executive Summary
The Subject Property is a 23,753 SF two story former school building and a 6,270 SF
outbuilding that sits on approximately 5 acres of land. The main building consists of
9,540 SF per floor available on two stories with 6 restrooms, ample classrooms, a small
cafeteria, and a 3,500 SF gymnasium with 17'8" clear height. The gymnasium is equipped
with a stage and a 14'5"x 12' drive in door.
The atrium of the building is fully sprinkled and just had a new boiler system put in last
year. Half of the roof was replaced 3 years ago. The roof is an EPDM with 4.5 inches of
insulation.
The 6,270 SF outbuilding is equipped with five 10x18 garage doors and could be
separated into 25x50 SF bays. Currently there is a month to month auto recovery tenant
leasing the rear lot and one bay for $2,000/month.
outbuilding that sits on approximately 5 acres of land. The main building consists of
9,540 SF per floor available on two stories with 6 restrooms, ample classrooms, a small
cafeteria, and a 3,500 SF gymnasium with 17'8" clear height. The gymnasium is equipped
with a stage and a 14'5"x 12' drive in door.
The atrium of the building is fully sprinkled and just had a new boiler system put in last
year. Half of the roof was replaced 3 years ago. The roof is an EPDM with 4.5 inches of
insulation.
The 6,270 SF outbuilding is equipped with five 10x18 garage doors and could be
separated into 25x50 SF bays. Currently there is a month to month auto recovery tenant
leasing the rear lot and one bay for $2,000/month.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
31,200 SF
Building Class
B
Year Built
1956
Price
$1,200,000
Price Per SF
$38.46
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,600 SF
Building FAR
0.14
Lot Size
5.00 AC
Opportunity Zone
Yes
Zoning
ULB - U-1
Parking
44 Spaces (1.41 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 68-41315 | Improvements Assessment | $153,342 |
| Land Assessment | $74,158 | Total Assessment | $227,500 |
Property Taxes
Parcel Number
68-41315
Land Assessment
$74,158
Improvements Assessment
$153,342
Total Assessment
$227,500
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