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Office Condo with Tenant Income

4792 Munson St NW, Canton, OH 44718

For Sale
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Office condo with tenant income and owner occupancy potential.

Property Size3,800 SF
Price / SF$57.87
Days on Market1071

Property Features for 4792 Munson St NW

General Information

Standard status Active
Size 3,800 SF
Class B
Property subtype Office
Zoning B-3
Lease Type Modified Gross
Net Operating Income $24,335

Building Details

Year Built 1981
Buildings 1
Tenancy Multi
Listing Agency: Putman Properties Inc
Listed By: Spencer Hartung · License OH SAL.2016003574
Source: Crexi
Added: Dec 7, 2023 Changed: Nov 9 Last Checked: Nov 10 at 7:36AM

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 Putman Properties Inc

Rey
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Investment Insights

Based on property information with market context.

This commercial property features approximately 3,800 square feet, with around 3,240 square feet currently occupied by two tenants: Ameron Pole Products, LLC, and Caplea & Variola Co., LPA Attorney's at Law. Approximately 560 square feet is available for lease or owner occupancy. The owners have recently renovated common areas, including new LED lighting, flooring, and restroom fixtures. Multiple HVAC units have been replaced. Tenants are responsible for cable, internet, and phone services, while the owners cover gas and electric expenses. Condo Association dues are $500 per month, covering snow plowing, landscaping, refuse, water, and other common area maintenance. Real estate taxes are paid separately by the owners. The property includes a 560 square foot office space available for lease, featuring a private reception/waiting area, four offices, and a restroom. The tenant will also have access to a shared kitchenette and an additional restroom. The lease rate for this space is $900 per month, modified gross, including utilities. Showings are available with advance notice, and tenants should not be disturbed.

Key Highlights

  • Investment opportunity with existing tenants Ameron Pole Products, LLC & Caplea & Variola Co., LPA
  • Newly renovated common areas including LED lighting, flooring, and restroom fixtures
  • Approximately 560 SF of space available for lease or owner occupancy

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

NatureWasher Electronics Accessories Wholesaler Michael J. Harvan, ... Physician William E. Kalkreuth, ... Counselor Huston Sylvester PHD Family Counselor Pamela S. Kern, ... Family Counselor

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,045
Businesses Nearby

Demographics for 44718, OH

12,607
Population
6,134
Households
2.1
Avg Household Size
47
Median Age
43%
College-Educated
99%
High-School Grad
8.4 sq mi
ZIP Area
1,501
Density / Sq Mi
$86,171
Median Household Income
$50,613
Median Earnings
$871
Median Rent
$285,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office Units in Canton, OH

$79.65 Jul
$108 Aug
$124 Sep
$122 Oct

Properties on Market for Office Units in Canton

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office condo with tenant income and owner occupancy potential.
Where is this office unit located?
The property is located at 4792 Munson St NW Canton, OH.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Investment opportunity with existing tenants Ameron Pole Products, LLC & Caplea & Variola Co., LPA; Newly renovated common areas including LED lighting, flooring, and restroom fixtures; Approximately 560 SF of space available for lease or owner occupancy
(330) 936-0276 Call to check price and availability
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