For Sale
$1,250,000

7079 Whipple Ave North Canton, OH 44720

Net Lease Auto Shop, High Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 4,477 square foot auto shop situated on a 2.75-acre lot in North Canton, Ohio. The property, located at 7079 Whipple Ave NW, boasts a Class C building constructed in 1997 and currently leased for $6,000 per month, generating a strong return on investment. The asking price is $1,250,000, translating to $279.20 per square foot. The property is zoned I1, permitting a wide range of industrial and commercial uses, offering significant flexibility for future development or continued operation as an auto shop. Its prime location in Stark County provides easy access to major transportation routes, enhancing logistical efficiency. This multi-tenant property represents a secure and profitable venture for investors seeking a stable income stream and potential for appreciation in a thriving industrial area. The ample lot size allows for potential expansion or future development. This is a rare opportunity to acquire a well-located, income-producing industrial property in a desirable Ohio market. The property's APN is 1621738. This is a net lease investment.

Highlights

  • 4,477 SF industrial building for sale in Jackson Township, OH.
  • Currently leased at $6,000/month, offering immediate cash flow.
  • 2.75-acre lot allows for expansion.
  • Excellent location with easy access to major transportation routes.
  • I-1 zoning permits various industrial and commercial uses.
  • Strong investment opportunity in a growing industrial area.

Property Details for 7079 Whipple Ave

Property type
Retail properties, Industrial properties
Square Feet
4,477 SF
Class
C
Year Built
1997
Lot Size (sq. ft)
119,790 SF

Location Insight

City
North Canton
County
Stark
State
Ohio
Latitude
40.8840081
Longitude
-81.4236899

FAQs

What type of property is this?
Retail property - Net Lease Auto Shop, High Cash Flow
Where is the retail property located?
The property is located at 7079 Whipple Ave North Canton, OH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 4,477 SF industrial building for sale in Jackson Township, OH.; Currently leased at $6,000/month, offering immediate cash flow.; 2.75-acre lot allows for expansion.
How can I contact the broker?
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7079 Whipple Ave
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