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Retail Property with 8.5% Cap
For Sale
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Pending

2350 Lincoln Way E, Massillon, OH 44646

For sale retail property totaling 112,738 square feet with an 8.50% cap rate.

Property Size112,738 SF
Days on Market159

Property Features for 2350 Lincoln Way E

General Information

Standard status Pending
Size 112,738 SF
Property subtype Retail
Occupancy 87%
Investment Type Stabilized

Additional Details

Cap Rate 8.5%

Building Details

Year Built 1986
Buildings 1
Stories 1
Units 18
Tenancy Multi
Listing Agency: Marcus & Millichap - Cleveland
Listed By: Scott Wiles · License #OH 2005013197
Source: Crexi
Added: Mar 30 Changed: Aug 8 Last Checked: Aug 3 at 3:15PM

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 Marcus & Millichap - Cleveland

Investment Insights

Based on property information with market context.

This retail property for sale is offered with an indicated 8.50% cap rate. The total building area is 112,738 square feet, providing substantial space for retail operations.

The property is located at 2350 Lincoln Way E in Massillon, Ohio (44646). It is currently marketed as a retail investment, with the listed offering price at $6,590,000.

Key Highlights

  • Retail property built in 1986
  • Total building size: 112,738 SF
  • Listed with an 8.50% cap rate

Property Analytics

Current Use

P.S. Cook's Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
338k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Superstores 21% Groceries 20% Shops & Services 13%
Target Superstores
71,582 visits/mo 0.4 miles
Giant Eagle Supermarket Groceries
42,127 visits/mo 0.3 miles
Chick-fil-A Dining
31,360 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
26,206 visits/mo 0.2 miles
Aldi Groceries
24,227 visits/mo 0.3 miles

Demographics for 44646, OH

47,973
Population
20,817
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$66,767
Median Household Income
$41,021
Median Earnings
$883
Median Rent
$181,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property totaling 112,738 square feet with an 8.50% cap rate.
Where is this retail space located?
The property is located at 2350 Lincoln Way E Massillon, OH.
What is the asking price?
The asking price for this property is $6,590,000.
What are key features of this property?
This property features: Retail property built in 1986; Total building size: 112,738 SF; Listed with an 8.50% cap rate
(216) 264-2000 Call to check price and availability
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