Mixed-Use Property with
For Sale
$349,900
2757 NW Cleveland Avenue NW, Canton, OH 44709
CommercialSale, Canton, OH
Property Size5,164 SF
Lot Size0.19 Acres
Price / SF$67.76
Days on Market18
Property Features for 2757 NW Cleveland Avenue NW
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Rooms
Basement
Parking features
Offsite, Off Street, Alley
Elementary school district
Canton CSD - 7602
Middle school district
Canton CSD - 7602
High school district
Canton CSD - 7602
Directions
27th NW & Cleveland Ave NW
Standard status
Active
APN
00240576
Lot size
0.19 Acres
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2025
Tax Description
21803 WH EX 5'EE
Tax Annual Amount
6062
Legal Description
21803 WH EX 5'EE
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1924
Floors in Building
2
Roof type
Fiberglass, Flat, Asphalt
Buildings
1
Listing Agency:
DeHOFF REALTORS
(330) 499-8153
Listed By:
Ruthanne Wilkof · License #2014002230
(330) 324-0573
Added: Oct 9
Changed: Oct 24
Last Checked: Oct 26 at 1:06PM
MLS# 5245163
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property combines approximately 5,164 square feet of main-level retail space with a second-floor, 1,140-square-foot apartment. The residence has two bedrooms and one bathroom and may also be used as office space. The building dates to 1924 and has central air conditioning and forced-air, natural-gas heating.
The property is on Cleveland Avenue NW in Canton, with additional parking across the street included in the sale. Its site measures 0.19 acres. Public water and sewer serve the property.
The property is on Cleveland Avenue NW in Canton, with additional parking across the street included in the sale. Its site measures 0.19 acres. Public water and sewer serve the property.
Key Highlights
- Approximately 5,164 SF of main‑level retail space
- 1,140 SF second‑floor apartment with 2 bedrooms and 1 bathroom; may also serve as office space
- 0.19‑acre site on Cleveland Avenue NW
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,287
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,740
$345.7K
Cap Rate 7%
$246,957
$247.0K
Cap Rate 9%
$192,078
$192.1K
Market Conditions
NOI Build-Up for 5,164 SF
Gross rent
$30.3K $5.86/SF
− Vacancy
−$2.6K −$0.50/SF
EGI
$27.7K $5.36/SF
− OpEx
−$10.4K −$2.01/SF
NOI
$17.3K $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%
$345,740
Cap Rate 7%
$246,957
Cap Rate 9%
$192,078
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.57M
NOI $94,379 @ 7.0% cap · market cap 26.97%
Second Best
Mixed Use
$247.0K
$216.1K – $288.1K
NOI $17,287 @ 7.0% cap · market cap 4.94%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Explore this area
Business Placement
Demographics for 44709, OH
18,509
Population
9,218
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,191
Density / Sq Mi
$53,144
Median Household Income
$34,941
Median Earnings
$818
Median Rent
$149,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail is paired with a separate upper-level residence that may also function as office space.
Where is this mixed-use property located?
The property is located at 2757 NW Cleveland Avenue NW Canton, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Approximately 5,164 SF of main‑level retail space; 1,140 SF second‑floor apartment with 2 bedrooms and 1 bathroom; may also serve as office space; 0.19‑acre site on Cleveland Avenue NW
