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Value-Add Skilled Nursing Facility 2812 Harvard Ave NW 56,170 SF Healthcare Building Online Auction Sale Canton, OH 44709
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Investment Highlights
- 2812 Harvard Avenue is an 86 private-room skilled nursing facility with an adaptable layout, multiple wings, and a campus-like feel.
- Ideal for medical/student housing, special education, adult/childcare, behavioral health, faith-based organizations, or assisted living conversion.
- Steady flow of families, students, healthcare workers, and locals makes for a strategic location for any use thriving on convenience and community.
- Near Cleveland Clinic Mercy Hospital, Aultman Hospital, and Malone University, a convergence of healthcare, education, and established residential.
- Rare acquisition of a versatile institutional building within minutes of the city’s employment centers, colleges, hospitals, and cultural districts.
- The property carries an opportunity to expand an additional 36 rooms. Zoning allows for multifamily uses.
Executive Summary
Coldwell Banker Realty is pleased to present a unique acquisition opportunity comprising a Skilled Nursing Facility (SNF) and the option to purchase the real estate, business, equipment, and fixtures, located in Canton, Ohio.
This well-maintained healthcare campus is situated in a blended community of service, education, and ministry with excellent regional access. The offering provides flexible purchase structures for qualified buyers. It is built out with 86 resident rooms with half-bathrooms.
The site is currently tax-exempt and zoned CS (Community Service District), accommodating multiple adaptive reuse opportunities. It offers easy access to Interstate 77 and the Route 30 corridor, strategically located in Stark County. There is an established healthcare and residential surrounding with a dense blend of community servicers, education, and ministry.
In addition to the nursing facility, the second floor features a well-appointed residential suite designed for staff housing, administrative use, or supportive living: 10 private bedrooms, a fully equipped common kitchen, a comfortable living room, a dedicated dining area, a laundry area, and two bathrooms.
This versatile healthcare facility can be reopened or reimagined for a new chapter. 2812 Harvard Avenue is a flexible canvas with meaningful infrastructure already in place.
This well-maintained healthcare campus is situated in a blended community of service, education, and ministry with excellent regional access. The offering provides flexible purchase structures for qualified buyers. It is built out with 86 resident rooms with half-bathrooms.
The site is currently tax-exempt and zoned CS (Community Service District), accommodating multiple adaptive reuse opportunities. It offers easy access to Interstate 77 and the Route 30 corridor, strategically located in Stark County. There is an established healthcare and residential surrounding with a dense blend of community servicers, education, and ministry.
In addition to the nursing facility, the second floor features a well-appointed residential suite designed for staff housing, administrative use, or supportive living: 10 private bedrooms, a fully equipped common kitchen, a comfortable living room, a dedicated dining area, a laundry area, and two bathrooms.
This versatile healthcare facility can be reopened or reimagined for a new chapter. 2812 Harvard Avenue is a flexible canvas with meaningful infrastructure already in place.
Offering Memorandum Click Here to Access
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Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Building Information
- Third Party Reports
Property Facts
Amenities
- Wheelchair Accessible
Room Mix Information
| Description | No. Beds |
|---|---|
| Half-Bath | 78 |
| Full-Bath | 12 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Sale Advisors
Sale Advisors
Roman Tsimberg,
Director Commercial Real Estate Sales
Roman has over 30 years of experience dealing with Commercial Real Estate and Hundreds of Completed transactions on various platforms including Ten-X. As a trained real estate professional, Roman's expertise includes marketing, presentation, negotiation, and sales. He has represented national private and corporate clients, as well as, banks and special assets groups in REO transactions. Roman currently helps clients to achieve above-market returns in Maryland, Florida, and the District of Columbia markets.
Kristen Kantounatakis,
Sales & Leasing Agent
Kristen's real estate practice includes both tenant and landlord representation, specializing in retail concepts and properties. Her eclectic professional experience as well as being a business owner has equipped her with insight and a skill set to effectively assist clients in making informed decisions. Kristen is a scholarship recipient of the Coldwell Banker Commercial Emerging Broker Training (EBT) program. This rigorous curriculum is the most dynamic program available for professionals new to the industry. EBT was selected out of hundreds of training programs as the winner of the 2010 Bersin & Associates Operational Training and Development Excellence Award as well as the 2010 Gold Level Brandon Hall Excellence in Learning Award. Kristen has many interests, making her a natural entrepreneur. Her art career began with starting a mural painting business for homes and commercial spaces, which evolved into opening her own art gallery in Beachwood, OH. She used The O Gallery as a springboard to teach freelance art classes as corporate team building events and art as therapy events for nonprofit organizations and schools. She has facilitated groups as large as eighty people at a time for corporations such as Progressive Auto, The Cleveland Clinic, PNC Bank, The Ritz Carlton, and AIG Insurance to name a few. In her free time she is a freelance artist and the lead singer in a regional cover band. All of these elements give her access to diverse networks of professionals and unique opportunities to build relationships, which is what this business fundamentally comes down to.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Pace Zambito
Contact
Auctioneer License:
Ten-X Commercial, LLC Samantha Corbat RE Brkr REC.2019003563; Ohio Department of Agriculture- Auctioneer Program: Ten-X Commercial, Inc. (Ten-X, Inc.) Auctioneer Corporation 2022000147 Samantha Corbat Auctioneer 2023000126
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Value-Add Skilled Nursing Facility | 2812 Harvard Ave NW
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