525 Market AveCanton, OH 44702

Property Details for 525 Market Ave

Year built

1915

Construction

FRAME

Lot size

0.08 AC

Property size (Sq ft)

13,562 SF

Property type

Office properties

Property subtype

Other office properties

APN

02-30300

APU

230300

Description

This exceptional Canton, Ohio office property, located at 525 Market Ave N, offers a unique opportunity for businesses seeking executive-level space. The building, a Class B property constructed in 1915 and extensively renovated in 2005, boasts a total of 31,662 square feet spread across five buildings and three stories. Currently, 2,094 square feet of office space is immediately available for lease within this multi-tenant building. The property sits on a 0.625-acre lot (0.91 acres total land) and is zoned B-5, offering flexibility for various business uses. Ample parking is provided with 85 spaces, resulting in a favorable parking ratio of 8.19 spaces per 1,000 square feet. The building's location in Stark County, Ohio, provides convenient access to local amenities and transportation networks. This is an excellent opportunity to secure high-quality office space in a well-maintained and strategically located building. The property's history and recent renovations combine to offer a blend of character and modern functionality. The available space is ready for immediate occupancy. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,579,182

  6.5%

  $2,380,784

  7%

  $2,210,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,268,590

  Geo Method

  $1,268,590

• Alternative Use

  Use

  Valuation

  Residential

  $2,952,172

  Hospitality

  $2,704,174

  Educational

  $2,249,840

  Medical

  $2,327,216

  Retail

  $3,499,752

Location Insight

City

Canton

County

Stark

State

Ohio

Latitude

40.8017

Longitude

-81.374

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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