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    Renovated Retail Space in Plaza Title is generated by Realmo AI

    811 30th St NE, Canton, OH 44709

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    Renovated retail unit in a high-traffic plaza for sale.

    Type:RETAIL
    Property size:
    6,900 SF
    Lot size:
    3.80 Acres
    Price / SF:
    $297/SF
    Added:
    Jan 10, 2022
    Days on Market:
    1616
    Last Refresh:
    Apr 5 at 8:11 pm

    Property Features for 811 30th St NE

    General Information

    Standard status
    Active
    Size
    6,900 SF
    Lot size
    3.80 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Tom Jackson
    Tom Jackson

    Listing agent Tom Jackson License #BRK257034

    Listing office NAI Spring

    Listing date Jan 10, 2022

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Spring

    HighLights

    • High traffic counts and SR 62 visibility.
    • Located in a growing retail plaza on 30th Street.
    • Strong foot traffic.
    • Completely renovated into a white box.
    • Plenty of parking.
    • Last space available in the plaza, previously Ben Franklin’s.

    Overview

    This is a renovated 6,900-square-foot retail unit located within a growing retail plaza on 30th Street. The unit, formerly a Ben Franklin's, has been completely renovated into a white box. The retail center benefits from strong foot traffic, high traffic counts, and visibility from State Route 62. Plenty of parking is available. Current tenants include Nathan's Patio and Kraus's Pizza.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $186.3k $27.00
    − Vacancy −$6.1k −$0.89
    EGI $180.2k $26.11
    − OpEx −$54.0k −$7.83
    NOI $126.1k $18.28
    6,900 SF · lease $27.00/SF/yr · vacancy 3.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.80M
    $1.58M – $2.10M (±1% cap)
    NOI $126,106 @ 7.0% cap · market cap 6.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3792
    Latitude
    40.8315

    FAQs

    What type of property is this?
    Retail space - Renovated retail unit in a high-traffic plaza for sale.
    Where is this retail space located?
    The property is located at 811 30th St NE Canton, OH.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: High traffic counts and SR 62 visibility.; Located in a growing retail plaza on 30th Street.; Strong foot traffic.
    (330) 418-1145 Call to check price and availability
    More about this property
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