2229 Greensburg RdNorth Canton, OH 44720

For Sale
$600,000 View listing
  • 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
2229 Greensburg Rd, North Canton, Ohio

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

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
$2,158
$17,030
$20,090
$37,120
-
$48,650
$57,390
$106,040

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