2229 Greensburg RdNorth Canton, OH 44720
- Automotive properties
- 1,674 SF
Property Details for 2229 Greensburg Rd
- Year built
- 1960
- Lot size
- 0.33 AC
- Property size (Sq ft)
- 1,674 SF
- Property type
- Automotive properties
- APN
- 28-00217
- APU
- 2800217
Description
The Lenkey Priest Building, a meticulously renovated 1,674 square foot commercial property located at 2229 Greensburg Rd, North Canton, OH 44720, presents a unique investment opportunity. Built in 1960 and completely renovated in 2023, this property boasts a blend of creative office and storefront space, ideal for a variety of businesses. The extensive 2023 renovations included a new roof, fresh pavement, updated stonework, and the replacement of water and sewer lines. Situated on a 0.33-acre lot, the building offers excellent visibility and accessibility. Its current configuration includes a showroom and office space, showcasing its versatility. The high traffic count on nearby Massillon Road (over 25,000 vehicles daily) ensures significant exposure for any business occupying this space. This turnkey property is ready for immediate occupancy and represents a compelling opportunity to establish or expand a business in a thriving North Canton location. The property is classified as Office and Retail, with subtypes of Creative Office and Storefront. This prime location in Summit County offers a blend of functionality and high visibility, making it an exceptional investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $467,984
- 6.5%
- $431,985
- 7%
- $401,129
-
Comparable approach
- Method
- Valuation
- Relative Method
- $394,597
- Geo Method
- $394,597
-
Alternative Use
- Use
- Valuation
- Residential
- $364,396
- Hospitality
- $333,785
- Educational
- $277,705
- Medical
- $287,256
- Retail
- $431,985
Location Insight
- City
- North Canton
- County
- Summit
- State
- Ohio
- Latitude
- 40.9319
- Longitude
- -81.4654
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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