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Cherri Harrell

cherriharrell@homesbyharrell.com +1(216) 269-6296

$ 274,900

Est. payment | -/mo

6,098 Sqft Lot

Save

$ 274,900

Est. payment | -/mo

Save

6,098 Sqft Lot

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5195997

HOA Y/N No

Year Built 1921

Annual Tax Amount $3,008

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Apartment

Property Description

Extremely rare opportunity with huge upside. Positioned on a hard corner immediately off the I-77 freeway exit seeing over 93,000 VPD is a 2,880 SF retail building with an all brick side-by-side duplex on the back half of the parcel which is included in the sale. The retail building is occupied by a cell phone sales and repair store with a 5 year lease. The duplex just underwent extensive renovations with ownership investing $65,000 into the duplex including: new roof (2025), vinyl windows (2025), updated: electric panels, kitchens and baths, flooring, paint and complete unit turns making this ideal for an investor looking for a turn key multifamily/retail investment. Situated in the primary retail corridor of Canton, OH surrounded by national and local tenants such as: Walmart, Altman Hospital, KFC, WingStop, CVS, Subway, Huntignton Bank, Giant Eagle, UPS, Five Below, and more! High traffic counts in front of the property of 22,337 VPD! Huge opportunity to add value by bringing the retail property to market rent when the initial lease ends in 2029 which would increase the income by more than $25,000 annually, increasing the cap rate to an expected 19%. The duplex features 3 beds and 1 bath in each unit with separtely metered gas and ecletric for each unit allowing the tenants to pay for their own utilities. Reach out today for a copy of the Offering Memorandum and to schdule a tour.

Location

State OH

County Stark

Rooms

Basement Common Basement, Full, Unfinished

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Fence None

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Flat,Membrane

Present Use Multi-Family,Retail

Building

Entry Level Two

Foundation Basement

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Canton Csd - 7602

Others

Tax ID 00245838

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now

Listed by Anthony D Takacs • Century 21 Homestar • takacs.century21@gmail.com, 440-567-8047

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(216) 269-6296

cherriharrell@homesbyharrell.com

2241 Tuscarawas ST W Canton, OH 44708