For Sale
$275,000

321 Cherry Avenue Ne, Canton, OH 44702 Canton, OH 44702

7,981 SF Brick Building, Tenant Occupied

Overview

Added:
Jan 9
Days on market:
107
This well-maintained 7,981 square foot brick building presents a unique investment opportunity in downtown Canton, Ohio. Zoned B-5 (Commercial/Business/Office), the property offers a versatile layout ideal for mixed-use development. The single-story section facing Cherry Avenue NE features a spacious retail area (currently a tenant-occupied grocery store) with a 9-foot ceiling. The two-story section on 4th Street NE boasts a first-floor lobby, conference room, four offices, two closets, a large community room, a sizable commercial kitchen equipped with a hood system and remaining sinks, two ADA-compliant restrooms, and a garage/dry storage area with an overhead door. Upstairs, a second-floor apartment requires rehabilitation and features a separate entrance. The entire property benefits from central air conditioning and additional storage space in a dry lower level. The 0.27-acre lot is fully fenced. This property offers significant potential for a variety of commercial and residential uses, making it an attractive investment in a thriving downtown location. The asking price is $275,000. The building's size and layout provide ample space for expansion or adaptation to suit diverse business needs. The existing tenant provides immediate income potential. The combination of commercial and residential space offers flexibility and diverse income streams. The property's location in downtown Canton provides excellent visibility and accessibility.

Highlights

  • 7,981 sq ft brick building in downtown Canton, zoned B-5.
  • Tenant-occupied ground floor retail space with 9' ceilings.
  • Second floor apartment (needs rehab) & spacious lower level storage.

Property Details for 321 Cherry Avenue Ne, Canton, OH 44702

Property type
Retail residential properties, Retail properties
Square Feet
7,981 SF
Year Built
1913
Elevators
N/A
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Canton
County
State
Ohio

FAQs

What type of property is this?
Retail residential property - 7,981 SF Brick Building, Tenant Occupied
Where is the retail residential property located?
The property is located at 321 Cherry Avenue Ne, Canton, OH 44702 Canton, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 7,981 sq ft brick building in downtown Canton, zoned B-5.; Tenant-occupied ground floor retail space with 9' ceilings.; Second floor apartment (needs rehab) & spacious lower level storage.
How can I contact the broker?
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321 Cherry Avenue Ne, Canton, OH 44702
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