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AUCTION - JULY 2 @ 12NOON 331-333 Cleveland Ave NW 3,300 SF Retail Building Canton, OH 44702 For Sale



Investment Highlights
- Great Downtown Location in Canton Arts District w/Dora
- Real Estate and Liquor License Included - Selling Turnkey, Lock, Stock, and Barrel
- Profitable ongoing Restaurant business w/completely renovated building
Executive Summary
Great Opportunity to purchase a successful operating Restaurant in the Heart of Cantons downtown restaurant and arts district. The Culture Lounge is a fully operational and functioning restaurant, complete with large open dining area, outdoor covered patio, liquor license, also located within Canton’s DORA (Designated Outdoor Refreshment Area) district. The offering is for the Real Estate, Business, Equipment/Inventory, and Liquor License. All restaurant equipment and inventory are newer and in good working order—ready to open and continue operations immediately. This property has been completely renovated down to the studs. What a great opportunity to purchase for those looking to be owner-operators, investors, or entrepreneurs seeking a unique, income-producing asset in a growing community. This property is located on the Pro Football Hall of Fame parade route and Canton's First Fridays will pay all the bill for the month. Don't wait!, take advantage of this Income-generating investment property with multiple revenue streams. Bidding to be live and onsite w/online bidding available. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,300 SF
Building Class
C
Year Built
1940
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
B5 - B5
Parking
50 Spaces (15.15 Spaces per 1,000 SF Leased)
Frontage
33’ on Cleveland Ave NW
Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00205210 | Improvements Assessment | $107,700 |
| Land Assessment | $5,780 | Total Assessment | $113,480 |
Property Taxes
Parcel Number
00205210
Land Assessment
$5,780
Improvements Assessment
$107,700
Total Assessment
$113,480
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AUCTION - JULY 2 @ 12NOON | 331-333 Cleveland Ave NW
