4335-4345 Lincoln Way E | Massillon, OH 44646
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- LoopNet Team
4335-4345 Lincoln Way E
Massillon, OH 44646
2-Tenant Future Redevelopment Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long term tenants with a combined term in excess of 52 years between the 2 tenants with opportunity to extend, renegotiate, retenant the property
- Future buyer can take advantage of applying for reduction in real estate taxes, as the current appraised value is approx. $2,700,000
- Future redevelopment opportunity - ability to cash flow for the short term to prepare for a retail/industrial redevelopment in the future
- The current rents are significantly below market rents
- Financials and limited due diligence materials available upon request with a signed confidentiality agreement
- The location benefits from its proximity to a strong retail trade area, industrial distribution and ease of access to the highway
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
71,200 SF
Building Class
C
Year Built
1956
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
6.23 AC
Parking
55 Spaces (0.77 Spaces per 1,000 SF Leased)
Frontage
440’ on Lincoln Way E
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 04317848 | Improvements Assessment | $682,540 |
| Land Assessment | $268,590 | Total Assessment | $951,130 |
PROPERTY TAXES
Parcel Number
04317848
Land Assessment
$268,590
Improvements Assessment
$682,540
Total Assessment
$951,130
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