Office Building with Private
New
For Sale
$139,000
407 E Maple St, North Canton, OH 44720
An open main-level plan pairs two enclosed offices with a kitchen and restroom.
Property Size906 SF
Days on Market2
Property Features for 407 E Maple St
General Information
Standard status
Active
Size
906 SF
Class
C
Total Parking Spaces
1
Property subtype
Office
Additional Details
Property Use
Office or Retail
Amenities
kitchen
restroom
covered front porch
Building Details
Building Size
906 SF
Year Built
1952
Listing Agency:
NAI Spring
Listed By:
Joe Jackson · License #SAL.2022005538
(330) 933-6349
Source:
Naiglobal
Added: Nov 1
Last Checked: Nov 1 at 3:52PM
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 NAI Spring
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Investment Insights
Based on property information with market context.
This office building, constructed in 1952, has an open main-level layout with two private offices, a kitchen, and a restroom. A single-car garage and covered front porch are also part of the property. The lower level offers space suited to storage or additional work area. Zoning permits office and retail use.
Key Highlights
- Two private offices within an open main‑level layout
- Kitchen and restroom on the main level
- Single‑car garage and covered front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,947
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,940
$218.9K
Cap Rate 7%
$156,386
$156.4K
Cap Rate 9%
$121,633
$121.6K
Market Conditions
NOI Build-Up for 906 SF
Gross rent
$19.5K $21.48/SF
− Vacancy
−$4.9K −$5.37/SF
EGI
$14.6K $16.11/SF
− OpEx
−$3.6K −$4.03/SF
NOI
$10.9K $12.08/SF
Area
Stark County, OH
Vacancy
25.00%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,940
Cap Rate 7%
$156,386
Cap Rate 9%
$121,633
Alternative Uses
Best Use
Office B
$156.4K
$136.8K – $182.5K
NOI $10,947 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$236.5K
$207.0K – $276.0K
NOI $16,558 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
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Business Placement
Demographics for 44720, OH
40,744
Population
17,988
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
34.3 sq mi
ZIP Area
1,188
Density / Sq Mi
$81,045
Median Household Income
$46,587
Median Earnings
$977
Median Rent
$233,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - An open main-level plan pairs two enclosed offices with a kitchen and restroom.
Where is this office building located?
The property is located at 407 E Maple St North Canton, OH.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two private offices within an open main‑level layout; Kitchen and restroom on the main level; Single‑car garage and covered front porch
