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

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%

  $428,995

  6.5%

  $395,995

  7%

  $367,710

• Comparable approach

  Method

  Valuation

  Relative Method

  $186,781

  Geo Method

  $186,781

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $784,686

  Mixed-Use / Specialty

  $389,550

  Hospitality / Lodging

  $279,247

  Office

  $381,993

  Institutional / Educational

  $403,176

  Residential Income

  $471,716

  Multifamily

  $593,656

  Automotive / Energy

  $345,579

  Parking / Income-Based Land

  $124,228

  Restaurant / Food Service

  $191,865

  Healthcare / Senior Housing

  $404,638

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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