Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    50 North Ave NE Massillon, OH 44646

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Shell space in downtown Massillon with modern amenities.

    Type:Office
    Property size:
    23,172 SF
    Added:
    Nov 21, 2025
    Days on Market:
    131
    Last Refresh:
    Mar 29 at 11:17 pm

    Property Features for 50 North Ave NE

    General Information

    Standard status
    Active
    Size
    23,172 SF
    Property subtype
    Office

    Building Details

    Year Built
    2018

    Properties For Sale

    at 50 North Ave NE Contact us

    We can help!

    Listing Contact
    Dan Spring, SIOR

    Listing agent Dan Spring, SIOR

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Dan Spring, SIOR

    Overview

    Class A Office Building Space

    Located in Massillon, Ohio, at the corner of North Avenue and 1st Street NE, this property offers second-floor shell space available for tenant custom buildout. It is a Class A office building in downtown Massillon featuring high-quality modern finishes. Amenities include fiber-optic broadband internet connections, a building-wide standby generator, electronic access, and security with video surveillance. Shared access to a 20-person board room with video conferencing and secure wi-fi is available. The property provides on-site dedicated parking. The building has a total size of 23172 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Erich J. Maier, ... Law Firm Tesla Nanocoatings, Inc Nanotechnology Engineering Service Massillon WestStark Chamber ... Business Service Center Massillon Development Foundation Social Service Agency Krugliak, Wilkins, Griffiths ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Massillon
    County
    Stark
    State
    Ohio
    Longitude
    -81.5249
    Latitude
    40.7978

    Nearby Similar for Sale

    • $225,000

      Multi-Use Commercial Building in Downtown

      Multi-use commercial building in a desirable downtown location.
      137 Federal Avenue NW, Massillon, OH 44647
      View Details
    • $329,900
      1,536 SF

      Income-Producing Multi-Family Property

      Rare, renovated multi-family investment on a spacious one-acre lot.
      8242-8244 Navarre Road SW, Massillon, OH 44646
      View Details
    • $279,900

      Massillon Income Property with Pool

      Income-producing property featuring a duplex, house, garages, and pool.
      1307-1309 Main Avenue W, Massillon, OH 44647
      View Details
    • $175,000
      1,690 SF

      Renovated Duplex in Massillon, OH

      Turnkey duplex with updated kitchens and bathrooms, ample parking.
      885 Wales Road NE, Massillon, OH 44646
      View Details
    • $475,000

      Turnkey Tavern in Massillon, OH

      Profitable tavern with real estate, assets, and business included.
      3238 Lincoln Way E, Massillon, OH 44646
      View Details
    • $174,900

      Massillon Triplex Investment Opportunity

      Solid brick triplex with renovation potential in Massillon, Ohio.
      615 Wellman Avenue SW, Massillon, OH 44646
      View Details
    • $585,000
      9,031 SF

      Medical Office Building Near Hospital

      Medical office building adjacent to Massillon Community Hospital.
      804 & 820 Amherst Rd NE, Massillon, OH 44646
      View Details
    • $259,900
      2,120 SF

      Massillon Multifamily Property For Sale

      Multifamily property in Massillon, Ohio, ideal for owner occupancy.
      2940 Thackeray Avenue NW, Massillon, OH 44646
      View Details
    • $549,000
      5,500 SF

      Free Standing Brick Commercial Building

      5,500 sqft brick building for sale or lease.
      725 w main avenue, massillon, Massillon, OH 44647
      View Details
    • $225,000
      4,232 SF

      Downtown Multi-Use Commercial Building

      Multi-use commercial building in a desirable downtown location.
      137 Federal Ave NW, Massillon, OH 44647
      View Details
    • $850,000

      Landmark Restaurant & Building For Sale

      Thriving restaurant business and building in prime Massillon location.
      37 1st St Sw, Massillon, OH
      View Details
    • $995,000
      17,816 SF

      Medical Office Investment Property

      Two-story medical office building with over 100 parking spaces.
      2300 Wales Ave NW, Massillon, OH 44646
      View Details

    FAQs

    What type of property is this?
    Office building - Shell space in downtown Massillon with modern amenities.
    Where is this office building located?
    The property is located at 50 North Ave NE Massillon, OH.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Class "A" office building with high quality modern finishes.; Tenant custom buildout opportunity.; On‑site dedicated parking available.
    (330) 497-6249
    We can help!
    Listing Contact
    Dan Spring, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!