12968 Lincoln WayMassillon, OH 44647

Property Details for 12968 Lincoln Way

Year built

1989

Construction

BRICK

Lot size

2.83 AC

Property size (Sq ft)

4,863 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

10-011764

APU

10011764

Description

This exceptional investment opportunity presents 176 self-storage units situated on a 2.5-acre parcel in Massillon, Ohio. The property boasts four buildings constructed of masonry block with recently replaced shingles, offering approximately 200 feet of frontage on Lincoln Way W in Stark County (tax parcel #10011764). Currently operating at 98% occupancy, the property generates a substantial yearly income of $88,776 (at 100% occupancy). All 176 units are month-to-month, presenting significant potential for rental increases. The property's layout allows for expansion, with ample space to add more buildings or utilize the land for outdoor boat/RV storage. The half-year property taxes are $2,776. This absolute auction offers a unique chance to acquire a well-established, high-performing self-storage facility. The auction includes the real estate only; terms are 10% down on auction day, with the balance due at closing. A 10% buyer's premium will be added to the final bid. All inspections must be completed prior to bidding. While the information provided is believed to be accurate, it is not guaranteed. The property is conveniently located in Tuscarawas Township. Online bidding begins December 24th, 2024, at 12:30 PM, with live on-site bidding commencing December 27th, 2024, at 12:30 PM.

Location Insight

City

Massillon

County

Stark

State

Ohio

Latitude

40.7973

Longitude

-81.5982

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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