Canal Place - Building 17

Off-Market

530 South Main Street, Akron, OH 44311

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 212,784 SF
  • Lot Size 1.32 Acre
  • Parking Spaces Avail. 866
  • Parking Ratio 4.07 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 17 Feb, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Akron

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Akron Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $19.51
  • 2022 Office Vacancy Rate 14.78%
  • 2022 Office Completions (SF)
View more Akron market trends

Location

Getting Around

  • Walk Score ®

    60/100 Somewhat Walkable
  • Transit Score ®

    60/100 Good Transit
  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Akron, OH
  • Neighborhood Downtown Akron
  • Zip Code 44311
  • Market Cleveland Akron

Points of Interest

  • Akron Northside

    1.39 miles

  • Rides 4 Less

    2.67 miles

  • Anytime Taxi Cab

    3.48 miles

  • Botzum

    6.61 miles

  • Indigo Lake

    8.92 miles

  • Speedway

    0.87 miles

  • Circle K

    1.11 miles

  • BP

    1.17 miles

  • Speedway

    1.21 miles

  • Circle K

    1.41 miles

  • Circle K

    1.44 miles

  • Circle K

    1.55 miles

  • Marathon

    1.57 miles

  • Marathon

    1.62 miles

  • Amer's West Hill Marathon

    1.64 miles

  • Lot 47

    0.40 miles

  • P2 Exchange Parking Deck - Akron Children's Hospital

    0.49 miles

  • Lot 44

    0.52 miles

  • Lot 43

    0.53 miles

  • P1 Bowery Parking Deck - Akron Children's Hospital

    0.56 miles

  • West Campus Parking Deck

    0.57 miles

  • South Campus Parking Deck

    0.61 miles

  • Lot 34

    0.62 miles

  • Exchange Street Parking Deck

    0.62 miles

  • P3 Buchtel Parking Deck - Akron Children's Hospital

    0.63 miles

  • Akron City Center Hotel

    0.85 miles

  • Courtyard by Marriott

    1.33 miles

  • Akron Steam and Sauna

    1.96 miles

  • Hilton Garden Inn

    2.45 miles

  • Country Inn & Suites

    4.18 miles

  • Sheraton Suites Akron Cuyahoga Falls

    4.81 miles

  • Lakeside Motel

    4.98 miles

  • Econo Lodge

    5.68 miles

  • Red Roof Inn Akron South

    5.85 miles

  • Quality Inn & Conference Center

    6.04 miles

  • Spaghetti Warehouse

    0.16 miles

  • Da Vinci's Pizza

    0.35 miles

  • Jimmy John's

    0.35 miles

  • McDonald's

    0.36 miles

  • Subway

    0.40 miles

  • Eddie's Cheesesteaks

    0.40 miles

  • House of Hunan

    0.40 miles

  • Pizza Fire

    0.40 miles

  • Bricco

    0.43 miles

  • Cilantro Thai & Sushi Restaurant

    0.45 miles

  • Saint Mary's School

    0.32 miles

  • Riedinger Middle School

    0.35 miles

  • Howe School

    0.37 miles

  • Helen Arnold Community Learning Center

    0.71 miles

  • University of Akron

    0.81 miles

  • National Inventors Hall of Fame® Science, Technology, Engineering and Mathematics High School

    1.00 miles

  • Miller School

    1.13 miles

  • Miller South School for the Visual & Performing Arts

    1.16 miles

  • Austen Simulation Center - Akron Children's Hospital

    1.17 miles

  • St. Vincent- St. Mary High School

    1.21 miles

  • Carring Hearts

    2.23 miles

  • Brightside

    2.32 miles

  • ACACUS

    2.44 miles

  • Above & Beyond

    2.59 miles

  • Childtime

    3.28 miles

  • McKinley Early Childhood Center

    3.33 miles

  • Head Start

    4.52 miles

  • Childtime

    4.57 miles

  • Childtime

    4.84 miles

  • Childscape

    5.19 miles

Frequently Asked Questions

What is the total square footage of Canal Place - Building 17?

Canal Place - Building 17 totals 212,784 square feet.

When was this property built?

Canal Place - Building 17 was built in 1916.

When was Canal Place - Building 17 last sold?

Canal Place - Building 17 was last sold on 17 Feb, 2021.

What is the market value for Canal Place - Building 17?

The market value* for Canal Place - Building 17 in 2022-2023 was $4,475,060.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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