72 Canal StNavarre, OH 44662

  • Healthcare properties
  • 2,792 SF
For Sale
$99,900 View listing

Property Details for 72 Canal St

Year built
1991
Construction
WOOD
Lot size
0.17 AC
Property size (Sq ft)
2,792 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
12-00550
APU
1200550

Description

This exceptional 2,792 square foot commercial building, located at 72 Canal St W in Navarre, Ohio (Stark County, zip code 44662), presents a compelling investment opportunity. Built in 1991, this single-story Class B property is situated on a commercially zoned (C) lot and features a full basement. Previously used as a dental office, the building boasts a spacious reception/waiting area, two bathrooms, six offices (each with sinks), a sterilizing room, a lab with gas and air hookups and a double sink, and a kitchen with ample shelving and cupboards. The layout includes pocket doors throughout. The property offers significant potential for various uses, including small office space, retail, or even a daycare facility (subject to any necessary rezoning). Ample parking is available both in the rear of the building and on the street. The asking price is $99,900, translating to $35.78 per square foot. The property's APN is 01200550. Ownership is principal/non-resident. This is a live and on-site auction with online bidding available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $530,975
    6.5%
    $490,130
    7%
    $455,121
  • Comparable approach

    Method
    Valuation
    Relative Method
    $261,164
    Geo Method
    $261,164
  • Alternative Use

    Use
    Valuation
    Residential
    $607,762
    Hospitality
    $556,706
    Educational
    $463,173
    Medical
    $479,102
    Retail
    $720,492
72 Canal St, Navarre, Ohio

Location Insight

City
Navarre
County
Stark
State
Ohio
Latitude
40.7202
Longitude
-81.5258
CBSA code
15940
CBSA name
CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,942
$15,090
$39,620
$54,710
-
$43,100
$113,200
$156,300

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