For Sale
$990,000

2110 Columbus RdCanton, OH 44705

Canton, OH Shopping Center - High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This prime Canton, Ohio retail investment opportunity presents a 22,362 square foot shopping center situated on a 1.52-acre lot. The property, built in 1967, boasts a strong 90% occupancy rate across its five retail tenant suites and approximately 7,600 square feet of warehouse space. The center is strategically located at a busy intersection of Route 62 and Middlebranch, offering over 285 feet of frontage. Current tenants include Purpose Financial, Rent A Center, Mobilelink, and a convenience store, providing a stable income stream. The property features a single, one-story building with B2 zoning. Financial details, including a pro-forma NOI of $92,407 and a pro-forma cap rate of 9.33%, are available upon request. The asking price is $990,000, translating to $44.27 per square foot. The property's APN is 10009763, 5208027. This is an exceptional owner/user opportunity with significant upside potential. The property consists of six units in total and has a net rentable area of 22,250 square feet. This well-located shopping center offers a compelling investment opportunity in a thriving market.

Property Details for 2110 Columbus Rd

Property type
Lifestyle centers, Power centers
Square Feet
22,362 SF
Class
C
Year Built
1967
Buildings
1
Stories
1
Lot Size (sq. ft)
66,211 SF
Units
6

Location Insight

City
Canton
County
Stark
State
Ohio
Latitude
40.8311923
Longitude
-81.3465159
2110 Columbus Rd, Canton, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2110 Columbus Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message