201 Market Ave S - Storefront Retail/Office FOR SALE


$194,900 USD
330-808-7255
201 Market Ave S, Canton, OH for Sale
$194,900 USD
Storefront Retail/Office - FOR SALE
1/33
null | Request Cap Rate


HIGHLIGHTS

  • Iconic Property in Downtown Canton, near Government Buildings, Shopping, and Dining.
  • Great Potential for Passive Income.
  • Two Story Brick Structure

OVERVIEW

Here's an opportunity to acquire a landmark commercial building in the heart of Downtown Canton. This property offers nearly 20,000 square feet of building space on approximately 0.17 acres, with a two-story layout and a long history of retail, studio, and office use. The building features 12 total units, including multiple office and studio spaces, with potential for additional retail or commercial use. Currently, 6 units are occupied on the second floor (one tenant leases six spaces at $1,200 per month), and 1 unit is occupied on the first floor. An additional first-floor space is currently vacant and was previously used as a restaurant, offering an opportunity for a future retail, restaurant, office, or other commercial use. This property offers flexibility for an owner-user, investor, or business seeking a larger downtown presence. Located in the Downtown Canton business district, the property is surrounded by restaurants, professional offices, government services, banks and other established businesses. The building is easily accessible from major routes and benefits from both on-site and street parking. Utilities include public water and sewer, along with gas/radiant heat. REAL ESTATE ONLY. The existing business occupying the property is not included in the sale. This is an excellent opportunity for an owner-user, investor, or developer looking for a sizable commercial property with multiple existing units and additional potential in Downtown Canton.

FOR SALE DETAILS

PRICE

$194,900 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

B5

APN/PARCEL ID

00214276

ASK ABOUT THIS PROPERTY

Jonny DallasBuckeye Professional RealtyMore Info
330-808-7255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jonny DallasBuckeye Professional RealtyMore Info
330-808-7255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.