Mixed-Use Brick
3357 Mahoning Road NE Canton, OH 44705
For Sale
$175,000
All-brick building with first-floor retail and a separate second-floor apartment, both currently occupied, plus fenced patio and parking.
Property Size4,190 SF
Price / SF$41.77
Days on Market245
Property Features for 3357 Mahoning Road NE
General Information
- Standard status
- Active
- Size
- 4,190 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1925
Listing Agency:
(330) 704-5945
Listed By:
Cutler Real Estate
(330) 704-5945
Source:
Xome
Added: Nov 20, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:08PM
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 Cutler Real Estate
Investment Insights
Based on property information with market context.
This all-brick mixed-use building includes retail space on the first floor and an apartment on the second floor. The retail area is currently operated as a party center and includes a kitchenette and two restrooms. A fenced-in patio area is located in the rear of the building, with a converted garage that features an outside entertainment center. The second-floor apartment has exterior access.
The property also includes lots of parking. Both the retail space and the apartment are currently occupied.
Overall, the building is configured for two separate income streams with independent access for the apartment and direct interior space for the party-center retail use.
The property also includes lots of parking. Both the retail space and the apartment are currently occupied.
Overall, the building is configured for two separate income streams with independent access for the apartment and direct interior space for the party-center retail use.
Key Highlights
- All‑brick mixed‑use building with first‑floor retail and a separate second‑floor apartment
- Retail space has a kitchenette, 2 restrooms, and is currently occupied
- Second‑floor apartment has separate exterior access and is currently occupied
Financial Insights For Mixed Use
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 | $24.6k | $5.86 |
| − Vacancy | −$2.1k | −$0.50 |
| EGI | $22.4k | $5.36 |
| − OpEx | −$8.4k | −$2.01 |
| NOI | $14.0k | $3.35 |
4,190 SF · lease $5.86/SF/yr · vacancy 8.60% · expense 37.50%
Alternative Uses
Best Use
Retail
$1.09M
$957.2K – $1.28M
NOI $76,578 @ 7.0% cap · market cap 43.76%
Second Best
Apartment 5plus
$438.4K
$383.6K – $511.5K
NOI $30,689 @ 7.0% cap · market cap 17.54%
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
Retail space
FAQs
What type of property is this?
Mixed-use property - All-brick building with first-floor retail and a separate second-floor apartment, both currently occupied, plus fenced patio and parking.
Where is this mixed-use property located?
The property is located at 3357 Mahoning Road NE Canton, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: All‑brick mixed‑use building with first‑floor retail and a separate second‑floor apartment; Retail space has a kitchenette, 2 restrooms, and is currently occupied; Second‑floor apartment has separate exterior access and is currently occupied
