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Sacks Electric Building 711 Johnston St 98,246 SF 100% Leased Industrial Building Akron, OH 44306 $820,630 CAD ($8.35 CAD/SF)
Investment Highlights
- Historic Tax Credits of $1.75M
- Full set of approved architectural plans available for self-storage conversion
Executive Summary
Opportunity to convert into many uses including Self-Storage (already approved)
4 Loading docks
5 Floors with a freight elevator shaft
4 Loading docks
5 Floors with a freight elevator shaft
Property Facts
| Price | $820,630 CAD | Rentable Building Area | 98,246 SF |
| Price Per SF | $8.35 CAD | No. Stories | 5 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1921/1987 |
| Property Type | Industrial | Parking Ratio | 0.06/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 1.62 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | U-4 - Industrial | ||
| Price | $820,630 CAD |
| Price Per SF | $8.35 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.62 AC |
| Rentable Building Area | 98,246 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1921/1987 |
| Parking Ratio | 0.06/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | U-4 - Industrial |
Utilities
- Gas
- Water - City
- Sewer - City
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- ABC Motorcredit
- Retailer
- -
- -
- -
- Debois Inc
- Information
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| ABC Motorcredit | Retailer | - | - | - | ||
| Debois Inc | Information | - | - | - |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 68-30719 | Improvements Assessment | $102,732 CAD |
| Land Assessment | $62,270 CAD | Total Assessment | $165,002 CAD |
Property Taxes
Parcel Number
68-30719
Land Assessment
$62,270 CAD
Improvements Assessment
$102,732 CAD
Total Assessment
$165,002 CAD
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Sacks Electric Building | 711 Johnston St
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