North Canton Office Condo
For Sale
$139,900
1225 S Main St Unit 101, North Canton, OH 44720
Commercial office condo in prime North Canton location for sale.
Property Size1,037 SF
Price / SF$134.91
Days on Market210
Property Features for 1225 S Main St Unit 101
General Information
Standard status
Active
Size
1,037 SF
Building Details
Year Built
1986
Listing Agency:
Cutler Real Estate
Listed By:
Dominic J Fonte, Dominic M Fonte · License #345993
(330) 418-1535
Source:
Theacclaimedrealty
Added: Mar 27
Changed: Oct 9
Last Checked: Oct 21 at 12:20AM
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 Cutler Real Estate
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Investment Insights
Based on property information with market context.
This commercial office condo is located in North Canton and offers frontage with traffic visibility. The ground-level unit is suitable for various professional or business uses. The layout includes 4 private offices, a common area, and a small kitchen/break room. There are 1.5 bathrooms within the unit. The property features an independently owned HVAC system. Ample parking is available. The property size is 1037 square feet.
Key Highlights
- Prime North Canton location with excellent frontage and strong traffic visibility.
- Ground‑level unit featuring 4 private offices, common area, and kitchen/break room.
- Independently owned HVAC system for individual control and efficiency.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,530
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,600
$250.6K
Cap Rate 7%
$179,000
$179.0K
Cap Rate 9%
$139,222
$139.2K
Market Conditions
NOI Build-Up for 1,037 SF
Gross rent
$22.3K $21.48/SF
− Vacancy
−$5.6K −$5.37/SF
EGI
$16.7K $16.11/SF
− OpEx
−$4.2K −$4.03/SF
NOI
$12.5K $12.08/SF
Area
Stark County, OH
Vacancy
25.00%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,600
Cap Rate 7%
$179,000
Cap Rate 9%
$139,222
Alternative Uses
Best Use
Office B
$179.0K
$156.6K – $208.8K
NOI $12,530 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$270.8K
$236.9K – $315.9K
NOI $18,953 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Explore this area
Business Placement
Demographics for 44720, OH
40,744
Population
17,988
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
34.3 sq mi
ZIP Area
1,188
Density / Sq Mi
$81,045
Median Household Income
$46,587
Median Earnings
$977
Median Rent
$233,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Commercial office condo in prime North Canton location for sale.
Where is this office unit located?
The property is located at 1225 S Main St Unit 101 North Canton, OH.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Prime North Canton location with excellent frontage and strong traffic visibility.; Ground‑level unit featuring 4 private offices, common area, and kitchen/break room.; Independently owned HVAC system for individual control and efficiency.
