Akron, Ohio, offers a diverse range of Office Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's strong economy and rich history. As the "Rubber Capital of the World," Akron has a long history of innovation and industry, with major corporations like Goodyear and FirstEnergy calling the city home. Office Properties in Akron can represent a variety of investments, from single-story buildings to multi-story complexes, each with its own unique characteristics and advantages. With amenities like Lock 3 Park, Firestone Park, and the Akron Civic Theatre, Akron is an attractive place to do business and travel. The city's infrastructure, including the METRO Regional Transit Authority system and the Akron Northside Station, makes it easy to get around, and its educational institutions, such as the University of Akron, provide a skilled workforce.
With 23 Office Properties For Sale in Akron, there are plenty of options to choose from. In addition to Office Properties, Akron also offers a range of other property types, including Commercial Real Estate, which can provide a steady stream of income through rental properties; Apartment Buildings, which offer a unique investment opportunity with potential for long-term appreciation; Shopping Centers, which can provide a steady stream of foot traffic and revenue; and Hotels, which can capitalize on Akron's tourism industry. Each of these property types has its own unique characteristics and advantages, and can be a valuable addition to any investment portfolio. Overall, Akron is a great place to invest in Office Properties, with its strong economy, rich history, and diverse range of amenities and attractions.
What is the average price per square foot for office properties in Akron?
The average price per square foot for office properties in Akron is $119 USD per square foot, with an average size of 49,382 square feet and a largest size of 359,000 square feet, among the 23 available listings.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Akron, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with modern amenities, located in prime areas, and offer top-notch services, such as 24/7 security and high-speed elevators.
- Class B office properties are mid-range buildings with standard amenities, located in decent areas, and offer average services, making them a cost-effective option for businesses.
- Class C office properties are older buildings with limited amenities, located in less desirable areas, and offer basic services, often requiring renovation or redevelopment.
