1695 Main StNorth Canton, OH 44720

  • Retail properties
  • 40,212 SF
For Lease
$15/SF/YR View listing

Property Details for 1695 Main St

Year built
1994
Construction
BRICK
Lot size
3.63 AC
Property size (Sq ft)
40,212 SF
Property type
Retail properties
Property subtype
Strip malls
APN
92-09043
APU
9209043

Description

This exceptional retail opportunity presents 1,800 square feet of vacant space within a larger, multi-tenant commercial building located at 1695 N Main St, North Canton, OH 44720. The property boasts a total of 42,000 square feet spread across two single-story buildings situated on a generous 3.63-acre lot. Built in 1994, the Class B property is zoned MS-NG, offering significant potential for a variety of retail uses. The building's prime location in North Canton, Stark County, ensures high visibility and accessibility for customers. The available space is ideal for businesses seeking a well-established location with ample parking and convenient access. The existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. With its strategic location and substantial square footage, this property represents a compelling investment opportunity for businesses seeking to establish or expand their presence in a thriving North Canton market. The property is currently available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,241,682
    6.5%
    $10,376,937
    7%
    $9,635,727
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,478,805
    Geo Method
    $9,478,805
  • Alternative Use

    Use
    Valuation
    Residential
    $8,753,335
    Hospitality
    $8,018,008
    Educational
    $6,670,888
    Medical
    $6,900,310
    Retail
    $10,376,937
1695 Main St, North Canton, Ohio

Location Insight

City
North Canton
County
Stark
State
Ohio
Latitude
40.8977
Longitude
-81.407
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
$87,546
$203,630
$1,023,330
$1,226,960
-
$581,800
$2,923,800
$3,505,600

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