2716 Cleveland AveCanton, OH 44707

  • Retail properties
  • 9,050 SF
For Lease
$8/SF/YR View listing

Property Details for 2716 Cleveland Ave

Year built
1987
Construction
FRAME
Lot size
1.12 AC
Property size (Sq ft)
9,050 SF
Property type
Retail properties
Property subtype
Strip malls
APN
13-12396
APU
1312396

Description

This exceptional retail property, located at 2714-2728 Cleveland Avenue South in Canton, Ohio, presents a fantastic opportunity for businesses seeking high-visibility space. The single-story, 9,050 square foot building sits on a 1.12-acre lot (48,787 square feet) and boasts a Class C rating. Constructed in 1987, the property offers multiple tenancy options, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 2,000 square feet currently available. A significant 3,600 square feet is currently vacant, providing ample space for expansion or multiple tenants. The property's prime location in Canton, Ohio (zip code 44707), ensures high foot traffic and excellent visibility. The property's APN is 1312396, and it is situated in Stark County. This is an ideal location for businesses seeking a well-established presence in a bustling commercial area. The property's single-story design offers easy accessibility and efficient use of space. Don't miss this chance to secure a prominent retail location in a thriving market. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,530,022
    6.5%
    $2,335,404
    7%
    $2,168,590
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,133,273
    Geo Method
    $2,133,273
  • Alternative Use

    Use
    Valuation
    Residential
    $1,970,001
    Hospitality
    $1,804,510
    Educational
    $1,501,331
    Medical
    $1,552,964
    Retail
    $2,335,404
2716 Cleveland Ave, Canton, Ohio

Location Insight

City
Canton
County
Stark
State
Ohio
Latitude
40.7676
Longitude
-81.3825
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
$10,106
$27,410
$145,250
$172,660
-
$78,300
$415,000
$493,300

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