Salon Storefront
For Sale
$425,000
1401 W Maple Street, North Canton, OH 44720
The interior is arranged with separate rooms for individual stylists.
Property Size1,652 SF
Price / SF$257.26
Days on Market19
Property Features for 1401 W Maple Street
General Information
Standard status
Active
Size
1,652 SF
Property subtype
Retail
Zoning
GB-B
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$4,199
Building Details
Building Size
1,652 SF
Year Built
1983
Listing Agency:
Life Stages Realty LLC
Listed By:
Nicolette Kuebeler · License #2022002552
(330) 322-3637
Source:
Lifestagesrealty
Added: Oct 8
Changed: Oct 26
Last Checked: Oct 26 at 4:03PM
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 Life Stages Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,652-square-foot storefront in North Canton is currently configured as a full-service hair salon, with separate rooms for stylists. The building dates to 1983 and is zoned GB-B (B3).
Located at 1401 W Maple Street, the property has off-street parking and sits near business and retail hubs.
Located at 1401 W Maple Street, the property has off-street parking and sits near business and retail hubs.
Key Highlights
- 1,652‑square‑foot storefront
- Currently used as a full‑service hair salon with separate rooms for stylists
- Zoned GB‑B (B3)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,192
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,840
$603.8K
Cap Rate 7%
$431,314
$431.3K
Cap Rate 9%
$335,467
$335.5K
Market Conditions
NOI Build-Up for 1,652 SF
Gross rent
$44.6K $27.00/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$43.1K $26.11/SF
− OpEx
−$12.9K −$7.83/SF
NOI
$30.2K $18.28/SF
Area
Stark County, OH
Vacancy
3.30%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,840
Cap Rate 7%
$431,314
Cap Rate 9%
$335,467
Alternative Uses
Best Use
Retail
$431.3K
$377.4K – $503.2K
NOI $30,192 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Under-served
Demand for This Use
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 Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - The interior is arranged with separate rooms for individual stylists.
Where is this storefront property located?
The property is located at 1401 W Maple Street North Canton, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,652‑square‑foot storefront; Currently used as a full‑service hair salon with separate rooms for stylists; Zoned GB‑B (B3)
