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… Read More 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. Read Less
Courtesy of Century 21 Homestar and Anthony D Takacs
Listing Snapshot
Days Online
11
Last Updated
Property Type
Retail
Lot Size
0.14 Acres
Year Built
1921
MLS Number
5195997
30 Days Snapshot Of 44708
$240k
-12%
(avg) sold price
1
-80%
home sold
34
-64%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
CommonBasement, Full, Unfinished
Building
Built in 1921, Levels: Two, Living area units: SquareFeet, 2 buildings, 2, PrivateRestrooms, ReceptionArea, Signs
Fence
None
Heating
ForcedAir, Gas
Lot
0.14 acres
Roof
Asphalt, Fiberglass, Flat, Membrane
Sewer
PublicSewer
Taxes
Year: 2025
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