3300 Whipple AveCanton, OH 44718

Property Details for 3300 Whipple Ave

Year built

1986

Construction

BRICK

Lot size

1.03 AC

Property size (Sq ft)

2,802 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

52-15282

APU

5215282

Description

This exceptional single-tenant retail property, totaling 2,779 square feet, presents a unique investment opportunity in Canton, Ohio. Situated on a 1.03-acre lot at 3300 Whipple Ave NW, 44718, this freestanding building boasts a prominent location with high visibility and traffic counts. Built in 1986, the one-story structure offers ample parking with 47 spaces. The property is zoned B-2 Business, allowing for a variety of uses. The building is currently vacant, providing a blank canvas for a new tenant or owner-operator. Its strategic location benefits from proximity to major thoroughfares, including the high-traffic intersection of Fulton Road. Nearby establishments include Wendy's and McDonald's, further enhancing the area's commercial appeal. Additional nearby businesses include St. Michael the Archangel Catholic Church and school, Walgreens, and Monroe Muffler. The property's advantageous position is also enhanced by its proximity to the recently upgraded and expanded Pro Football Hall of Fame and Hall of Fame Village. Property taxes are $2.62 per square foot. This is an ideal opportunity for an investor seeking a high-traffic location with significant development potential. The property's size, parking, and location make it an attractive proposition for a variety of restaurant concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $783,328

  6.5%

  $723,072

  7%

  $671,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $660,490

  Geo Method

  $660,490

• Alternative Use

  Use

  Valuation

  Residential

  $609,938

  Hospitality

  $558,700

  Educational

  $464,832

  Medical

  $480,818

  Retail

  $723,072

Location Insight

City

Canton

County

Stark

State

Ohio

Latitude

40.8354

Longitude

-81.4234

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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