214 Factory StSugarcreek, OH 44681

Property Details for 214 Factory St

Year built

1976

Lot size

0.36 AC

Property size (Sq ft)

1,920 SF

Property type

Retail properties

Property subtype

Banks

APN

58-01202.000

APU

5801202000

Description

This exceptional 1,920 square foot freestanding retail building presents a unique investment opportunity in the thriving town of Sugarcreek, Ohio. Situated on a 0.36-acre lot at 214 Factory St NE, this former bank building offers a versatile layout ideal for a variety of retail uses. The property boasts convenient features including a drive-thru or pick-up window, perfect for businesses requiring quick customer service. High visibility is ensured with prominent pylon signage. Located in Tuscarawas County, Sugarcreek is part of the New Philadelphia-Dover, OH Micropolitan Statistical Area, a region with a population of 93,263. Its strategic location, approximately 25 miles southwest of Canton, Ohio, provides excellent access to a substantial customer base. The building's previous use as a bank suggests a solid foundation and potentially adaptable interior space. This property is ready for immediate occupancy and offers significant potential for a savvy investor or business owner seeking a prime retail location in a growing community. The address is 214 Factory St NE, Sugarcreek, OH 44681.

• CAP approach

  CAP return

  Valuation

  6%

  $536,756

  6.5%

  $495,467

  7%

  $460,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $452,584

  Geo Method

  $452,584

• Alternative Use

  Use

  Valuation

  Residential

  $417,945

  Hospitality

  $382,835

  Educational

  $318,514

  Medical

  $329,469

  Retail

  $495,467

Location Insight

City

Sugarcreek

County

Tuscarawas

State

Ohio

Latitude

40.5041

Longitude

-81.6386

CBSA code

35420

CBSA name

NEW PHILADELPHIA-DOVER, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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