Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    132 S Broad St, Unit B8 Canfield, OH 44406

    View on Map
    Sponsored
    For Lease
    $600 /Mo ($16 SF/Yr)

    COMMERCIAL - Canfield, OH

    Lot size:
    0.01 Acres
    Days on Market:
    100
    Last Refresh:
    Mar 11 at 5:06 am

    Property Features for 132 S Broad St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    28-005-0-159.00-0
    Parking
    40
    Lot size
    0.01 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1936

    We can help!

    Listing Contact
    Angela N Javorsky
    Angela N Javorsky

    Lakeside Realty LLC (330) 793-4200

    Listing agent Angela N Javorsky (330) 233-6588 License #2025001451

    Listing date Dec 1, 2025

    MLS# 5137766

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Canfield Retail Space Available

    Located in the Historic WPA Building in Canfield, Ohio, this basement unit is available for rent. The space, formerly a cafe, features a large open area with high ceilings and natural light. An additional large room includes a sink, and there is also a small storage area. The property includes on-site parking. The tenant is responsible for electric utilities. Men's and women's restrooms are located on the same floor. A one-year lease is required, with a deposit equal to one month's rent. The lot size is 0.01 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All Abilities Swim, ... Tutoring Service Shyla Wolf Photography Photography Service Sullivan Naturopathics Alternative Medicine Practice Oohla's Vintage & Modern ... Clothing & Fashion Store STAGE LEFT Dance ... Training Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canfield
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.761178
    Latitude
    41.022406

    Nearby Similar for Lease

    • $500 /Mo
      22,303 SF

      Modern Office Unit in Canfield

      Newly renovated office space with modern amenities in Canfield, Ohio.
      400 E Main St, Canfield, OH 44406
      View Details
    • Contact for pricing
      3,869 SF

      Retail Space on US 224

      Retail space available in a premium location near SR 11.
      4530-4538 Boardman Canfield Rd, Canfield, OH 44406
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Canfield Plaza

      Retail spaces available in upcoming Canfield plaza redevelopment.
      8-18 N Broad St, Canfield, OH 44406
      View Details
    • Contact for pricing
      4,340 SF

      Former Bank with Drive-Thru

      Former bank branch with drive-thru in business district.
      3667 Starrs Centre Dr, Canfield, OH 44406
      View Details
    • Contact for pricing
      362 SF

      Canfield Office Space For Rent

      Office space for lease in Canfield, OH, includes utilities.
      565 E Main St, Canfield, OH 44406
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Affluent Suburb

      Retail space with high visibility in Canfield, Ohio.
      401 E Main St, Canfield, OH 44406
      View Details
    • Contact for pricing
      9,731 SF

      Canfield Warehouse with Office/Showroom

      Warehouse with office/showroom space and ample parking in Canfield.
      410 Lisbon St, Canfield, OH 44406
      View Details
    • Contact for pricing
      94,449 SF

      Colonial Plaza Retail Space in Canfield, OH

      Prime Retail Space - Two Units Available
      525 Main St, Canfield, OH 44406
      View Details
    • Contact for pricing
      11,250 SF

      Palmyra

      Retail properties & Spaces • 11,250 SF
      0 Palmyra Rd, Canfield, OH 44406
      View Details

    FAQs

    What type of property is this?
    Retail space - Basement retail unit in historic building with ample parking.
    Where is this retail space located?
    The property is located at 132 S Broad St, Unit B8 Canfield, OH.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Large open space with high ceilings and natural light; - Located in the Historic WPA Building in the center of Canfield Green; - Former cafe space
    (330) 233-6588
    Request Owner's contact information
    132 S Broad St, Unit B8 Canfield, OH 44406
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    132 S Broad St, Unit B8
    Canfield, OH 44406
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132 S Broad St, Unit B8 Canfield, OH 44406
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Angela N Javorsky
    Angela N Javorsky
    Real Estate License ID: 2025001451
    (330) 233-6588 (330) 967-4300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!