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$325,000
4100 Cleveland AVE NW Canton, OH 44709
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$325,000
Est. payment /mo
2,667 SqFt
UPDATED:
09/30/2024 05:35 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,667 sqft
Price per Sqft $121
Subdivision City/Canton
MLS Listing ID 4479873
HOA Y/N No
Abv Grd Liv Area 2,667
Year Built 1940
Annual Tax Amount $1,977
Lot Size 10,175 Sqft
Acres 0.2336
Property Description
Fantastic investment opportunity bringing in $1,475/month! This versatile property is zoned B-3-general business & is in Plain Local School district. It houses a retail or office space, beauty salon, tax/bookkeeping service, & speech pathologist. The beauty salon has leased for 50 years & includes a spacious working area, 3 shampoo bowls, 5 chairs, remodeled half bath & updated kitchen. Tenant pays $600/month but projected rent for that space is $1,000/month. The tax service has leased for 26 years & includes 2 offices & a waiting room. Rent is $575/mo. The speech pathologist rents a 10.5' X 18.5' office in the basement for $300/month. There are 2 additional half baths in the lower level which all tenants use, one with new vanity & sink. The remaining additional approximately 1,585 sq. ft. is available & could be home for a retail shop, office or a variety of other options. It comes with display rooms or offices, a full bath, kitchen & utility room on the first floor & a second floor with bedroom & storage. Projected rent is $1,650/month. Owner pays utilities. There are 3 furnaces, 3 air conditioning units plus a window unit, & 1 hot water tank. Updates in last 18 months: new roof, fresh paint throughout, 9 new windows & lentils, new sidewalk, steps & handrail at all 3 entrances, awning at side entrance, picket fence, parking lot sealed & lined, and custom made stained glass window inserts. The retail shop/office space has new ceiling in main showroom, new lighting, new flooring, new kitchen counters, cabinets & refrigerator. Once fully leased, this terrific property has the potential to bring in over $3000/month. Plan to see this wonderful investment property soon!
Location
State OH
County Stark
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Garage On Site, Paved
Water Access Desc Public
Parking Type On Site, Paved
Building
Sewer Public Sewer
Water Public
Schools
School District Plain Lsd - 7615
Others
Tax ID 00302273
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Listed by Beth P Miller • Cutler Real Estate • BMiller@CutlerHomes.com (330) 268-3757
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