Listed by Putman Properties Inc
$399,000
8433 Cleveland Ave NW - INCOME PRODUCING SALON BUILDING
Details
APN 2013752
Property Type Retail
Sub Type Salon
Square Footage 2,934
Units 8
Occupancy 62.5%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 9.07%
Pro-Forma NOI $36,184
Price per SqFt $136
Class C
Year Built 1994
Year Renovated 2002
Buildings 1
Acreage 0.190
Zoning C-2 General Commercial District
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Ownership VINE STREET ENTERPRISES LLC
High traffic working salon building and business
Marketing description
High-visibility salon/retail property on Cleveland Ave. NW in North Canton with an average daily traffic count of 12,274 vehicles. Just minutes from Belden Village and I-77, the site benefits from a strong consumer base of 13,810 residents within three miles and a median household income of $72,200. The building is currently revenue-producing with multiple tenants and offers additional leasing potential, creating a compelling opportunity for investors seeking stable income and long term growth in a thriving corridor.
Listing Contacts
Listed by Putman Properties Inc
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