4090 Erie AveMassillon, OH 44647

Property Details for 4090 Erie Ave

Year built

1957

Construction

BRICK

Lot size

0.85 AC

Property size (Sq ft)

4,135 SF

Property type

Retail properties

Property subtype

Auto shops

APN

16-00030

APU

1600030

Description

This 4,135 square foot retail property in Massillon, Ohio, offers a fantastic opportunity for businesses seeking flexible space options in a high-traffic location. Situated at the busy intersection of Erie Avenue NW and Route 236, this property boasts excellent visibility and convenient access to Canal Fulton and Route 21. The building, previously occupied by a beverage drive-thru and automotive shop, presents endless possibilities for various commercial ventures. Currently, the entire 4,135 square foot space is available for lease. However, the owner is open to dividing the space into two separate units: a 2,704 square foot area (formerly an automotive shop) featuring five bays, three overhead doors, and a twin-post in-ground side-by-side lift

• CAP approach

  CAP return

  Valuation

  6%

  $1,155,982

  6.5%

  $1,067,060

  7%

  $990,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $974,706

  Geo Method

  $974,706

• Alternative Use

  Use

  Valuation

  Residential

  $900,105

  Hospitality

  $824,492

  Educational

  $685,967

  Medical

  $709,559

  Retail

  $1,067,060

Location Insight

City

Massillon

County

Stark

State

Ohio

Latitude

40.8411

Longitude

-81.5221

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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