824 12th St NW - Storefront Retail/Residential FOR SALE


Canton, OH 44703- Summit
$300,000 USD
330-879-5000
824 12th St NW, Canton, OH for Sale
$300,000 USD
Storefront Retail/Residential - FOR SALE
1/33
null | 15.6% Cap Rate

824 12th St NW
Canton, OH 44703
Summit


OVERVIEW

Good income-producing Retail Storefront w/4 residential apartments. All units (1 Bed/1 Bath) are currently rented MTM to long-term tenants. This property currently has grants for interior and exterior remodeling and asphalt repaving. Property also includes an additional tax parcel (ppn: 00219021) w/Garage and gravel parking lot across the street. All city inspections have been completed and passed, and the owner is putting in new steps to be completed before transfer. Possible transformation of retail into residential units. Tenants pay utilities except for electric. Take advantage of this great opportunity to purchase a quality income property in Canton, Ohio. Link to Grant info: https://cantonohio.gov/2267/Public-Realm-Reinvestment-Program Grant Info The building & the lot are on 2 different parcels, so they can both get grants There are exterior grants & interior grants There are also storefront grants, both inside & out And the storefront tenant can also apply on top of what the owner applies for

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

15.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,200 SF

ZONING

Commercial

APN/PARCEL ID

00219018,00219021

ASK ABOUT THIS PROPERTY

Jared DuttonKeller Williams Legacy GroupMore Info
330-879-5000

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Jared DuttonKeller Williams Legacy GroupMore Info
330-879-5000

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