3244 Bailey StMassillon, OH 44646

Property Details for 3244 Bailey St

Year built

1974

Construction

FRAME

Lot size

0.52 AC

Property size (Sq ft)

11,298 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

43-10405

APU

4310405

Description

This exceptional 11,166 square foot single-tenant office building, constructed in 1974, presents a unique investment opportunity. Situated on a nearly one-acre lot (0.96 acres) in Massillon, Ohio, this property boasts a prime location adjacent to a new school, assisted living facility, and other offices, within a residential neighborhood. The building features a well-maintained brick exterior, ample parking (60 spaces), and convenient access via two entrances (one covered). The interior comprises a spacious main level (over 5,500 sq ft) and a full lower level (also over 5,500 sq ft), both with multiple offices, restrooms, and storage areas. The main level previously housed seven exam rooms and an X-ray room, while the lower level offered space for physical therapy. The property includes an elevator, separate HVAC systems for each level, a wired security/fire/lighting system, and public water/sewer. Zoned R4, this versatile property is ideal for continued medical use or other professional purposes. Available for sale or lease on a NNN basis. Property APN: 4310405, 4316354, 4312525. Taxes are $1.28 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $2,148,621

  6.5%

  $1,983,343

  7%

  $1,841,675

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,056,815

  Geo Method

  $1,056,815

• Alternative Use

  Use

  Valuation

  Residential

  $2,459,345

  Hospitality

  $2,252,747

  Educational

  $1,874,259

  Medical

  $1,938,718

  Retail

  $2,915,514

Location Insight

City

Massillon

County

Stark

State

Ohio

Latitude

40.7982

Longitude

-81.4731

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].