2650 Richville Dr - Office FOR SALE


Massillon, OH 44646
$2,120,000 USD
330-904-1174
2650 Richville Dr, Massillon, OH for Sale
$2,120,000 USD
Office - FOR SALE
1/1
null | 7.5% Cap Rate

2650 Richville Dr
Massillon, OH 44646


HIGHLIGHTS

  • Offered at $2,120,000 with a 7.5% capitalization rate.
  • Structured to accommodate 1031 exchange buyers seeking replacement property opportunities.
  • Income-producing investment with established cash flow characteristics.
  • Opportunity to acquire a commercial asset in the Massillon, Ohio market.
  • Attractive acquisition for investors targeting yield-focused real estate investments.
  • Sale terms positioned to support tax-deferred exchange strategies.

OVERVIEW

2650 Richville Drive offers investors the opportunity to acquire a net-leased commercial asset in Massillon, Ohio, at a sale price of $2,120,000. The property is being marketed at a 7.5% capitalization rate, providing an established income stream and a clearly defined return profile for investors seeking stable cash-flow-producing real estate. Located within the Canton-Massillon metropolitan area, the property benefits from access to a regional economic base supported by manufacturing, healthcare, logistics, retail, and professional services employers. Its position within Stark County provides connectivity to major transportation corridors serving Northeast Ohio, supporting long-term tenant accessibility and market relevance. The offering is well suited for investors seeking a replacement asset for a 1031 exchange. The combination of in-place income, a defined cap rate, and exchange-friendly sale structure presents an opportunity for buyers looking to preserve capital gains while transitioning into a stabilized investment property. Whether acquired as part of a portfolio strategy or as a standalone investment, the asset offers a straightforward acquisition profile with immediate income potential. With a purchase price of $2,120,000 and a 7.5% cap rate, 2650 Richville Drive presents an opportunity to secure a commercial investment property designed to meet the objectives of yield-oriented investors and 1031 exchange buyers seeking long-term income generation and asset preservation.

FOR SALE DETAILS

PRICE

$2,120,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

00701515

ASK ABOUT THIS PROPERTY

Gary DuvallREM CommercialMore Info
330-904-1174

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Gary DuvallREM CommercialMore Info
330-904-1174

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