219 Navarre Rd SW 15,357 SF 100% Leased Industrial Building Canton, OH 44707 $575,000 ($37.44/SF) 7.76% Cap Rate

Located at 219 Navarre Rd SW in Canton, Ohio, this multi-tenant commercial investment property presents an opportunity to acquire an income-producing asset with established tenancy and diversified occupancy. The property consists of a 15,321-square-foot building situated on approximately 1.15 acres and is configured with three occupied tenant sections supporting a mix of vehicle-related, event, and storage uses. Built in 1969, the property benefits from an existing operating history and a functional layout designed to accommodate multiple occupants under one roof.
The asset is offered at $575,000 and is reported as fully occupied, generating annual gross income of $54,000 with a reported net operating income of $44,633. The property's tenant mix provides multiple income streams, while the existing occupancy offers immediate cash flow for investors seeking stabilized commercial real estate. The combination of established tenancy, manageable operating expenses, and an in-place income structure creates a straightforward investment profile.
The location along Navarre Road places the property within the Canton market, providing convenient access to surrounding commercial districts, residential neighborhoods, and regional transportation corridors. Canton serves as the county seat of Stark County and is recognized for attractions such as the Pro Football Hall of Fame, which contributes to ongoing visitor activity and commercial demand throughout the area. The property's position within an established commercial corridor supports visibility and accessibility for tenants and customers while benefiting from the surrounding business environment.