Mixed-Use Retail and Office
4501-4463 Hills and Dales Road NW NW Canton, OH 44718
4501-4463 Hills and Dales Road NW NW, Canton, OH, 44718
$3,500,000
For Sale
$3,500,000
Package sale includes two professional buildings with long-term retail and office tenants.
Property Size22,893 SF
Price / SF$152.89
Days on Market249
Property Features for 4501-4463 Hills and Dales Road NW NW
General Information
- Standard status
- Active
- Size
- 22,893 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1961
Listing agency
Hayes Realty
(330) 323-1754
Listed by
Christian Nye · License #2017004186
(330) 323-1754
Source
Xome
Added: Nov 14, 2025 Updated: Jul 21 at 6:45AM Checked: Jul 21 at 6:45AM
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 Hayes Realty
Investment Insights
Based on property information with market context.
This package sale offers the opportunity to acquire two professional buildings in the Jackson Township/Belden Village area, featuring a mix of retail and office tenants. The property includes commercial space configured for both retail and office use, with long-term, well-established tenancy reported in the remarks.
The buildings are located along Hills and Dales Road NW in Canton, Ohio (44718). Buyers should review lease terms and tenant details with the listing agent, as further information is referenced in the public remarks.
While specific unit layouts and other operating details are not provided here, the asset is presented as a long-term leased mixed-use portfolio combining retail and office space within two separate properties.
The buildings are located along Hills and Dales Road NW in Canton, Ohio (44718). Buyers should review lease terms and tenant details with the listing agent, as further information is referenced in the public remarks.
While specific unit layouts and other operating details are not provided here, the asset is presented as a long-term leased mixed-use portfolio combining retail and office space within two separate properties.
Key Highlights
- Package sale includes two professional buildings with long‑term retail and office tenants
- Long‑term, well‑established tenants in both properties
- Mix of retail and office tenants on long‑term leases
Local Financial Insights For Office B
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 | $491.7k | $21.48 |
| − Vacancy | −$122.9k | −$5.37 |
| EGI | $368.8k | $16.11 |
| − OpEx | −$92.2k | −$4.03 |
| NOI | $276.6k | $12.08 |
22,893 SF · lease $21.48/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$5.98M
$5.23M – $6.97M
NOI $418,399 @ 7.0% cap · market cap 11.95%
Second Best
Office B
$3.95M
$3.46M – $4.61M
NOI $276,605 @ 7.0% cap · market cap 7.90%
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
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Package sale includes two professional buildings with long-term retail and office tenants.
Where is this mixed-use property located?
The property is located at 4501-4463 Hills and Dales Road NW NW Canton, OH.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Package sale includes two professional buildings with long‑term retail and office tenants; Long‑term, well‑established tenants in both properties; Mix of retail and office tenants on long‑term leases
