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4925 Fulton Dr Canton, OH 44718

For Sale
$2,480,000

High-Income, Multi-Tenant Commercial Property

Description

Added:
Feb 3, 2025
Days on Market:
314
This exceptional mixed-use property in Canton, Ohio's desirable Belden Village area presents a lucrative investment opportunity. Situated on a 3.84-acre lot, this high-traffic location boasts thirteen commercial tenants occupying twenty-seven units across several well-maintained buildings. The diverse tenant mix includes light manufacturing, retail, professional services, heated storage, offices, a fitness center, and warehouses, ensuring a stable income stream. Currently operating at 100% occupancy, the property generates a substantial annual gross income of $208,680. Several long-term tenants, some with leases extending up to forty years, provide significant stability and predictability. Adding to the income potential is a cell phone tower lease, with potential for future expansion and shared revenue. The property also includes a three-unit duplex apartment building, each with a private entrance, enclosed garage, and basement laundry facilities. Recent improvements include a complete asphalt parking lot replacement (2021), new gas and water lines (2021) to the east commercial building, and new LED commercial road signage (2022) for enhanced tenant visibility. The property's semi-annual tax payment is $19,797.65. This turnkey investment offers a compelling blend of diverse income streams, long-term tenant stability, and recent capital improvements, making it an ideal acquisition for discerning investors seeking strong returns.

Property Features for 4925 Fulton Dr

General Information

Property type
Mixed-use properties
Lot Size
167,270 SF

Building Details

Year Built
1971

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Canton
County
Stark
State
Ohio
Longitude
-81.44083
Latitude
40.8473

FAQs

What type of property is this?
Mixed-use property - High-Income, Multi-Tenant Commercial Property
Where is this mixed-use property located?
The property is located at 4925 Fulton Dr Canton, OH.
What is the asking price?
The asking price for this property is $2,480,000.
More about this property
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