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531-533 N Main St 7,056 SF 100% Leased Retail Building Canton, OH 44720 $850,000 ($120.46/SF)
Investment Highlights
- Situated in a thriving commercial area with growing national tenants
- Visible storefront with available parking
- High traffic and visibility 12,138 AADT
- Property also includes income from Two 2-bedroom, 1-full bath, washer/dryer, central air apartments above
Executive Summary
• Great location in the heart of North Canton.
• Less than 1 mile south of new Meijer Redevelopment.
• 3,528/SF on 1st level with visible storefront and restaurant space
• 32 parking spaces
• Two - 2 bedroom apartments located on the 2nd floor.
• 400/SF detached garage.
• Less than 1 mile south of new Meijer Redevelopment.
• 3,528/SF on 1st level with visible storefront and restaurant space
• 32 parking spaces
• Two - 2 bedroom apartments located on the 2nd floor.
• 400/SF detached garage.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,056 SF
Building Class
C
Year Built
1947
Price
$850,000
Price Per SF
$120.46
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.56 AC
Zoning
MS-C - Main Street Center
Parking
32 Spaces (4.54 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $51,770 | |
| Land Assessment | $92,120 | Total Assessment | $143,890 |
Property Taxes
Parcel Numbers
Land Assessment
$92,120
Improvements Assessment
$51,770
Total Assessment
$143,890
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531-533 N Main St
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