Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1921
Sq.Footage
N/A
Extremely rare opportunity with huge upside. Positioned on a hard corner immediately off the I-77 freeway exit seeing over 93,000 VPD is a 2,880 SF retail building with an all brick side-by-side duplex on the back half of the parcel which is included in the sale. The retail building is occupied by a cell phone sales and repair store with a 5 year lease. The duplex just underwent extensive renovations with ownership investing $65,000 into the duplex including: new roof (2025), vinyl windows (2025), updated: electric panels, kitchens and baths, flooring, paint and complete unit turns making this ideal for an investor looking for a turn key multifamily/retail investment. Situated in the primary retail corridor of Canton, OH surrounded by national and local tenants such as: Walmart, Altman Hospital, KFC, WingStop, CVS, Subway, Huntignton Bank, Giant Eagle, UPS, Five Below, and more! High traffic counts in front of the property of 22,337 VPD! Huge opportunity to add value by bringing the retail property to market rent when the initial lease ends in 2029 which would increase the income by more than $25,000 annually, increasing the cap rate to an expected 19%. The duplex features 3 beds and 1 bath in each unit with separtely metered gas and ecletric for each unit allowing the tenants to pay for their own utilities. Reach out today for a copy of the Offering Memorandum and to schdule a tour.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$289,900
-
Tax Amount
$3,008
-
Zoning
Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Canton CSD - 7602
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Stark
Elementary School
Canton CSD - 7602
Middle School
High School
Listing Courtesy of Anthony D Takacs , Century 21 Homestar
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AGENT
Jeff Helfrich
Call Jeff today to schedule a private showing.
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