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34600684
34600686

2529 Cleveland Avenue Northwest, Canton, OH 44709 For Sale

AS
OH 2022000603
$189,900
3 days on market
Updated 3 days ago

Multi-Use Commercial Property Located in Canton, OH

Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Units 4
Occupancy 50%
Tenancy Multi
Rent Bumps No
Buildings 1
Acreage 0.150
Zoning Commercial Mixed Use
Parking Spaces 10 spaces
Ground Lease No

Currently leased 2 units at $1,500 per month.

Marketing description

2529 Cleveland Avenue Northwest is a mixed-use, income-producing opportunity with current cash flow and an opportunity to increase revenue. The main level is home to an established, occupied salon that provides steady rent and built-in foot traffic. The upper level features an occupied apartment, offering residential income from day one and a natural live-work or investor setup. Total combined income of $1,500 per month, with both units currently on leases. Behind the main structure are two additional rear units currently under construction, giving a new owner the chance to finish to taste and significantly increase rental revenue. One former tattoo studio offers a flexible three-room layout plus a bathroom, ideal for a private office suite, wellness services, boutique studio, or another specialty use. The second rear unit is a true studio with one open room and a bathroom, perfect for a solo professional, micro-office, or compact residential rental. With multiple income streams in place, plus two value-add units in progress, this property is a strong fit for an investor or owner-operator looking to grow returns. High-visibility Cleveland Avenue frontage and mixed-use flexibility combine to create a compelling asset in this price range.

Investment highlights

Income-producing opportunity with current cash flow and an opportunity to increase revenue. Two units currently on leases. The other two units are currently under construction.

Listing Contacts

AS
OH 2022000603

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Additional Information

Name
Avery Scott
License
2022000603
Brokerage
KMLK Realty
Brokerage Phone
(330) 237-7979
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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