Value Add Single Story Office Center
Strong Demographics
Marketing description
ABSOLUTE SALE
For registration requirements and regulations, please review here or contact Bianca Diorio | 954-302-3810 | [email protected].
Massillon Office Complex, located at 430 Gail Ave NW, Massillon, OH 44646, is a compelling value-add office opportunity in the heart of Massillon. This 18,000 SF office building sits on 1.12 acres and offers flexible suite configurations ideal for investors or owner-users seeking immediate upside. Currently featuring approximately 69% vacancy, the property presents a rare chance to unlock significant value through lease-up and repositioning. An existing tenant, Massillon Victory Church, provides in-place income, while the vacant space creates room to grow cash flow and customize occupancy strategy. Strategically positioned within the Canton-Massillon MSA, the property benefits from access to a regional population of more than 400,000 residents and strong connectivity via SR-21 and I-77. Its location adjacent to the established Amherst Center shopping corridor places it near major neighborhood traffic drivers including Marc’s, Planet Fitness, Dollar General, and other daily-use retailers. With low operating expenses, attractive basis potential relative to replacement cost, and strong regional demographics, this is an excellent opportunity to acquire a well-located office asset with leasing upside in a proven Northeast Ohio market!
- Non-Contingent
- Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
- Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit
430 Gail Ave NE, Massillon, OH 44646
Investment highlights
OH Auctioneer: Stephen Dawson, OH 2023000138
- 18,000 SF Office Building strategically located in Massillon, Ohio with flexible suite configurations.
- Value-Add Investment Opportunity with significant upside through lease-up of vacant space.
- Approximately 69% Vacancy Provides Immediate Opportunity for an owner-user or investor to increase cash flow through leasing activity.
- Existing Tenant in Place with income currently generated from Massillon Victory Church.
- Low Existing Operating Expenses
- Attractive Basis Opportunity compared to replacement cost.
- Located Within the Canton-Massillon MSA, serving a population of more than 400,000 residents.
- Convenient Access to SR-21 and I-77, providing connectivity throughout Stark County and Northeast Ohio.
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