Mixed-Use Building with Parking
236 & 238 6th St NE, Canton, OH 44702
For Sale
Contact for pricing
Ground-floor retail, upper-level commercial space and a full basement provide multiple functional areas.
Property Size6,600 SF
Lot Size0.33 Acres
Price / SF$40.76
Days on Market21
Property Features for 236 & 238 6th St NE
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Corner Location
Utilities to Site
Mixed-Use Components
Additional Details
Asking Price
Property Use
Building Details
Buildings
Stories
Building Size
Listing Agency:
Pappas Realty Co
Listed By:
Stephen Powers · License OH #2014004042
(330) 990-1838
Source:
Crexi
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 10 at 8:38AM
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 Pappas Realty Co
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Investment Insights
Based on property information with market context.
This two-story mixed-use property contains approximately 6,600 SF, with retail storefront space at street level and office or commercial space on the second floor. A full basement adds another area within the building, and utilities are separately metered. Two parking lots accompany the building across three parcels totaling approximately 0.326 acres.
The property sits at the corner of 6th Street NE and Walnut Avenue NE in downtown Canton. Reconfiguration or redevelopment may be considered, subject to zoning and municipal approvals.
The property sits at the corner of 6th Street NE and Walnut Avenue NE in downtown Canton. Reconfiguration or redevelopment may be considered, subject to zoning and municipal approvals.
Key Highlights
- Two‑story building with approximately 6,600 SF
- Ground‑floor retail storefronts and upper‑level office or commercial space
- Full basement and separately metered utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,094
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,880
$441.9K
Cap Rate 7%
$315,629
$315.6K
Cap Rate 9%
$245,489
$245.5K
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$38.7K $5.86/SF
− Vacancy
−$3.3K −$0.50/SF
EGI
$35.3K $5.36/SF
− OpEx
−$13.3K −$2.01/SF
NOI
$22.1K $3.35/SF
Area
Stark County, OH
Vacancy
8.60%
Lease Rate
$5.86 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,880
Cap Rate 7%
$315,629
Cap Rate 9%
$245,489
Alternative Uses
Best Use
Retail
$1.72M
$1.51M – $2.01M
NOI $120,624 @ 7.0% cap
Second Best
Mixed Use
$315.6K
$276.2K – $368.2K
NOI $22,094 @ 7.0% cap · market cap 8.21%
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
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 44702, OH
1,086
Population
729
Households
1.5
Avg Household Size
55
Median Age
12%
College-Educated
80%
High-School Grad
0.6 sq mi
ZIP Area
1,810
Density / Sq Mi
$13,159
Median Household Income
$23,750
Median Earnings
$296
Median Rent
$107,600
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Stark County, OH
Properties on Market for Mixed-use properties in Stark County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail, upper-level commercial space and a full basement provide multiple functional areas.
Where is this mixed-use property located?
The property is located at 236 & 238 6th St NE Canton, OH.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two‑story building with approximately 6,600 SF; Ground‑floor retail storefronts and upper‑level office or commercial space; Full basement and separately metered utilities
