Retail Building with Duplex in
2241 Tuscarawas St W Canton, OH 44708
2241 Tuscarawas St W, Canton, OH, 44708
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For Sale
Contact for pricing
Brick retail building with an on-site rear duplex, separately metered units, and a leased cell phone sales and repair tenant.
Property Size2,880 SF
Price / SF$100.66
Days on Market120
Property Features for 2241 Tuscarawas St W
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1921
Listing agency
CENTURY 21 HomeStar
(440) 567-8047
Listed by
Anthony Takacs · License #OH
Source
Crexi
Added: Mar 26 Updated: Jul 23 at 2:06AM Checked: Jul 23 at 2:06AM
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 CENTURY 21 HomeStar
Investment Insights
Based on property information with market context.
This all-brick retail building includes a back-half, side-by-side duplex on the same parcel. The retail space is occupied by a cell phone sales and repair store under a 5-year lease. The duplex has undergone extensive renovations, with ownership investment including a new roof (2025) and vinyl windows (2025), along with updated flooring, paint, and complete unit turns.
The property is positioned on a hard corner immediately off the I-77 freeway exit, with visibility supported by reported traffic volumes of 93,000 VPD at the exit area and 22,337 VPD in front of the property. It sits in the primary retail corridor of Canton, OH and is surrounded by a mix of national and local tenants.
Each duplex unit offers 3 bedrooms and 1 bathroom with separately metered gas and electric services, allowing residents to pay their own utilities.
The property is positioned on a hard corner immediately off the I-77 freeway exit, with visibility supported by reported traffic volumes of 93,000 VPD at the exit area and 22,337 VPD in front of the property. It sits in the primary retail corridor of Canton, OH and is surrounded by a mix of national and local tenants.
Each duplex unit offers 3 bedrooms and 1 bathroom with separately metered gas and electric services, allowing residents to pay their own utilities.
Key Highlights
- 2,880 SF all‑brick retail building on a hard corner off the I‑77 freeway exit (over 93,000 VPD); rear includes a side‑by‑side duplex.
- Cell phone sales and repair store is leased with a 5‑year lease term.
- Duplex just renovated with $75,000 in improvements, including new roof (2025) and vinyl windows (2025).
Local Financial Insights For Multifamily LT 5
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 | $35.6k | $12.36 |
| − Vacancy | −$1.2k | −$0.41 |
| EGI | $34.4k | $11.95 |
| − OpEx | −$10.3k | −$3.58 |
| NOI | $24.1k | $8.36 |
2,880 SF · lease $12.36/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Retail
$751.9K
$658.0K – $877.3K
NOI $52,636 @ 7.0% cap · market cap 18.16%
Second Best
Multifamily LT 5
$344.1K
$301.1K – $401.5K
NOI $24,090 @ 7.0% cap · market cap 8.31%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
PAGE PLUS
Electronics & Wireless Store
Quality Rest Mattresses
Furniture & Home Goods
Quad Coin Bitcoin ...
Atm
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FAQs
What type of property is this?
Duplex - Brick retail building with an on-site rear duplex, separately metered units, and a leased cell phone sales and repair tenant.
Where is this duplex located?
The property is located at 2241 Tuscarawas St W Canton, OH.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 2,880 SF all‑brick retail building on a hard corner off the I‑77 freeway exit (over 93,000 VPD); rear includes a side‑by‑side duplex.; Cell phone sales and repair store is leased with a 5‑year lease term.; Duplex just renovated with $75,000 in improvements, including new roof (2025) and vinyl windows (2025).
