406 Vine StAlliance, OH 44601

Property Details for 406 Vine St

Year built

1897

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

480 SF

Property type

Office properties

Property subtype

Other office properties

APN

01-09968

APU

109968

Description

This exceptional 480-square-foot commercial property located at 406 Vine Street West in Alliance, Ohio, presents a unique investment opportunity. Situated on a 0.1-acre lot, the building boasts a recent and extensive renovation, completed in 2024. The entire interior features brand new flooring, providing a fresh and modern aesthetic. A standout feature is the updated bathroom, which includes a unique, integrated mirror system capable of playing music throughout the entire building. This innovative addition offers a distinctive ambiance and potential for creative use. Further enhancing the property's appeal is a newly updated enclosed outdoor patio, ideal for various uses, from additional workspace to client meetings or simply enjoying the outdoors. The property's versatile nature makes it suitable for a wide range of commercial ventures. Its prime location in Alliance, Ohio, offers easy access to local amenities and transportation routes. The asking price of $114,900 represents a compelling value for a recently renovated commercial space with unique features. This is a truly remarkable opportunity for a discerning buyer seeking a move-in ready, updated commercial property with significant potential. Don't miss this chance to own a piece of Alliance's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $91,285

  6.5%

  $84,263

  7%

  $78,244

• Comparable approach

  Method

  Valuation

  Relative Method

  $44,899

  Geo Method

  $44,899

• Alternative Use

  Use

  Valuation

  Residential

  $104,486

  Hospitality

  $95,709

  Educational

  $79,629

  Medical

  $82,367

  Retail

  $123,867

Location Insight

City

Alliance

County

Stark

State

Ohio

Latitude

40.9303

Longitude

-81.1121

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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