For Sale
$3,500,000

1020 Market AveCanton, OH 44704

Canton, OH Retail & Office Space - $3.5M

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property, located at 1020 Market Ave N in Canton, Ohio, presents a unique investment opportunity. The 148,000 square foot building, constructed in 1954 and extensively renovated in 2013, boasts a prime downtown location directly across from the Canton Memorial Civic Center and Cultural Center for the Arts. Currently operating at 56% occupancy with a lease expiration date of March 31, 2025, this multi-tenant property offers significant upside potential. The building features a mix of retail and executive office spaces, classified as Class B, and is zoned CC-B5. The property includes a full-service cafeteria, ample surface parking (685 spaces), and high-speed internet access. All furniture is included, making this a truly move-in ready opportunity. The seller will consider subdividing the space to meet specific buyer needs. Situated on a 9.27-acre lot, this two-story building offers a substantial footprint and benefits from its location within an opportunity zone. The asking price is $3,500,000, with a price per square foot of $23.65. This is a gross lease property.

Highlights

  • 148,000 SF building, subdividable.
  • Located in an Opportunity Zone.
  • Move-in ready; furniture included.
  • Full-service cafeteria.
  • Recently renovated interior.
  • 685 surface parking spaces.

Property Details for 1020 Market Ave

Property type
Retail properties, Office properties
Square Feet
148,000 SF
Class
B
Year Built/Renovated
1954/2013
Buildings
1
Stories
2
Lot Size (sq. ft)
403,801 SF

Location Insight

City
Canton
County
Stark
State
Ohio
Latitude
40.7993928
Longitude
-81.3344408
1020 Market Ave, Canton, Ohio

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1020 Market Ave
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