1177 Main StNorth Canton, OH 44720

  • Office properties
  • 13,214 SF
For Lease
$12/SF/YR View listing

Property Details for 1177 Main St

Year built
1979
Construction
BRICK
Lot size
1.28 AC
Property size (Sq ft)
13,214 SF
Property type
Office properties
APN
92-05439
APU
9205439

Description

This exceptional 1,100 square foot executive office suite is located at 1177 Main Street South, Suite C4, in North Canton, Ohio (44720). Situated in a two-story building (10,299 total square feet) constructed in 1979 on a 1.28-acre lot, this single-tenant space boasts a newly renovated interior featuring five private offices and an open area on the second floor. The building features a striking atrium with tile flooring, common area restrooms, and ample parking (71 striped spaces). The suite is conveniently located along South Main Street, offering high visibility and easy access. Rent is $12.00 per square foot, inclusive of water, sewer, and trash removal. Tenants are responsible for gas and electric. Additional amenities include ADA-compliant entry and restrooms, snow removal, and landscaping, all included in the lease. The property is zoned O.b. Office Building. Other office spaces of 600 and 1,100 square feet are also available. This is a fantastic opportunity to secure renovated professional office space in a prime North Canton location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,513,000
    6.5%
    $2,319,693
    7%
    $2,154,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,236,038
    Geo Method
    $1,236,038
  • Alternative Use

    Use
    Valuation
    Residential
    $2,876,419
    Hospitality
    $2,634,784
    Educational
    $2,192,110
    Medical
    $2,267,500
    Retail
    $3,409,948
1177 Main St, North Canton, Ohio

Location Insight

City
North Canton
County
Stark
State
Ohio
Latitude
40.8666
Longitude
-81.3987
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
$16,765
$71,720
$163,070
$234,790
-
$204,900
$465,900
$670,800

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