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- LoopNet Team
237-239 N Canal St
Canal Fulton, OH 44614
15,840SF - 5,280SF-1st floor-Trails- $550,000 · Specialty Property For Sale
·
21,120 SF

Investment Highlights
- LOCATION: Positioned within the downtown Historic District where the back of the building is the historic Ohio & Erie Canal and the County Park System
- Available in days after close of sale or less.
- The Ohio & Erie Canal behind the building represents major business opportunities and the building is in the prime position to capitalize on them.
- Zoning allows for multiple use opportunities beyond typical retail/office. Fantastic owner/user setting including a wonderful setting for a family.
- Historic Tax Credits: 20% federal and 25% state of Ohio combined for 45% where each dollar of tax credit reduces the amount of tax owed by one dollar.
Property Facts
About 237-239 N CANAL ST , CANAL FULTON, OH 44614
B-1 GENERAL RETAIL - OFFICE DISTRICT ZONING Gross Sq. Ft. = 21,120 sq. ft. Each floor area is 5,280 gross sq. ft. 15,840 SF - Floors 1-3 Plus 5280 SF Lower Level First Floor Occupancy Use Group B and A1 The building for classification is considered a class B as identified by CoStar and LoopNet. BUILDING is BEING SOLD AS A VACANT PROPERTY. SELLER WILL BE VACATING THE PROPERTY UPON THE BUILDING SALE. THE DECADES OLD MANTRA OF LOCATION, LOCATION, LOCATION IS BEING REPLACED WITH INTERNET CONNECTIVITY AS THE NEW MANTRA FOR THE 21ST CENTURY BUSINESS CLIMATE. Fiber optics and high-speed internet connectivity can be made available to the building. Flexible and multi-functional uses within the zoning classification that in addition to office and retail you could add a restaurant and/or bar, dance studio, theatrical playhouse as just a few examples along with Conditionally Permitted uses such as a Hotel and a Bed and Breakfast Inn and Apartments above Businesses. The first floor and lower level having a B and A1 Use Group allowing for greater user flexibility and occupancy density with the lower level opening up to the garden area expanding the use options. 1st floor 13' 5" ceiling height with tin ceilings. Substantial storefront window exposure. The community's branding identity is OHIO'S GATEWAY TO OUTDOOR RECREATION. EXPANSION OPPORTUNITIES: If there is no need for a garden setting, that area could be developed adding on approximately 9,000 - 10,000 sq. ft. of expansion space. There is a 2,000 lb. capacity freight elevator serving all floors. THE EXISTING tables, chairs, staging area, most of the fixtures, props, furniture, walk-in freezer, walk-in refrigeration, kitchen equipment, and cabinets CAN BE MADE AVAILABLE in part or whole in a separate agreement from the purchase price. Quality of life amenities is part of the fabric of this community. This link is to a newspaper story of how others see this community: http://indeonline.com/news/20180716/canal-fultons-plan-for-growth-highlight-everything-outdoors This link to what it is like to both live and work within this canal waterfront community: http://indeonline.com/news/20180925/spotlight-on-canal-fulton-where-fish-are-always-biting FIND OUT HOW THIS BUILDING IS MORE THAN JUST BRICKS AND MORTAR BY CLICKING ON OUR WEBSITE AS SHOWN BELOW.
Links
Property Taxes
| Parcel Number | 09502062 | Improvements Assessment | $74,100 |
| Land Assessment | $15,090 | Total Assessment | $89,190 |
Property Taxes
Listing ID: 8300823
Date on Market: 7/24/2017
Last Updated:
Address: 237-239 N Canal St, Canal Fulton, OH 44614
The Specialty Property at 237-239 N Canal St, Canal Fulton, OH 44614 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
