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50 S Main St
Akron, OH 44308
50 S · Office Property For Sale
Investment Highlights
- Class A Office: Akron Centre Plaza is a sweeping 12-story, Class A office tower with well-maintained suites and beautiful downtown views.
- Parking & Amenities: Tenants enjoy amenities like a Chase Bank branch, a hair salon, and convenient parking with a 1,300-space attached parking deck.
- Motivated Seller: Opportunity to acquire at a low-basis, with a seller motivated to meet the market in auction.
- CBD Location: Located in the epicenter of downtown, adjacent to new mixed-use projects, Akron Art Museum, restaurants & bars, and University of Akron.
- Strong In-Place Cash Flow: New ownership has the opportunity to re-lease or reposition the asset with the benefit of strong day one NOI.
- Auction Site: https://rimarketplace.com/auction/2027/akron-center-plaza-class-a-office
Property Facts
Property Type
Office
Building Size
195,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1981
Percent Leased
75%
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
16,250 SF
Slab To Slab
13’
Building FAR
4.92
Lot Size
0.91 AC
Zoning
U-4 - Office Building
Parking
1,300 Spaces (6.67 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Convenience Store
- Food Court
- Property Manager on Site
- Restaurant
- Security System
Property Taxes
| Parcel Number | 68-53880 | Improvements Assessment | $1,484,875 |
| Land Assessment | $90,125 | Total Assessment | $1,575,000 |
Property Taxes
Parcel Number
68-53880
Land Assessment
$90,125
Improvements Assessment
$1,484,875
Total Assessment
$1,575,000
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