4100 Cleveland AVE NW Active

Canton,OH 44709

$ 325000

- Bed

- Bath

2667 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,667 sqft

Price per Sqft $121

Subdivision City/Canton

MLS Listing ID 4479873

Year Built 1940

Annual Tax Amount $1,977

Lot Size 10,175 Sqft

Property Description

Fantastic investment opportunity bringing in $1,475/month! This versatile property is zoned B-3-general business & is in Plain Local School district. It houses a retail or office space, beauty salon, tax/bookkeeping service, & speech pathologist. The beauty salon has leased for 50 years & includes a spacious working area, 3 shampoo bowls, 5 chairs, remodeled half bath & updated kitchen. Tenant pays $600/month but projected rent for that space is $1,000/month. The tax service has leased for 26 years & includes 2 offices & a waiting room. Rent is $575/mo. The speech pathologist rents a 10.5' X 18.5' office in the basement for $300/month. There are 2 additional half baths in the lower level which all tenants use, one with new vanity & sink. The remaining additional approximately 1,585 sq. ft. is available & could be home for a retail shop, office or a variety of other options. It comes with display rooms or offices, a full bath, kitchen & utility room on the first floor & a second floor with bedroom & storage. Projected rent is $1,650/month. Owner pays utilities. There are 3 furnaces, 3 air conditioning units plus a window unit, & 1 hot water tank. Updates in last 18 months: new roof, fresh paint throughout, 9 new windows & lentils, new sidewalk, steps & handrail at all 3 entrances, awning at side entrance, picket fence, parking lot sealed & lined, and custom made stained glass window inserts. The retail shop/office space has new ceiling in main showroom, new lighting, new flooring, new kitchen counters, cabinets & refrigerator. Once fully leased, this terrific property has the potential to bring in over $3000/month. Plan to see this wonderful investment property soon!

Location

State OH

County Stark

Interior

Heating Forced Air,Gas

Cooling Central Air

Exterior

Parking Features On Site,Paved

Building

Sewer Public Sewer

Water Public

Schools

School District Plain Lsd - 7615

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