Coin-Operated Laundromat with
611 10th Street Northwest, Canton, OH 44703
Well-maintained laundromat with 14 washers, 24 dryers, and six dedicated customer parking spaces.
Type:Retail
Property size:
1,320 SFPrice / SF:
$265/SF- Added:
- Jun 29, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 4 at 2:13 am
Property Features for 611 10th Street Northwest
General Information
- Standard status
- Active
- Size
- 1,320 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1958
Listing office Gerspacher Real Estate Group
Listing date Jun 29, 2026
Source Crexi
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 Gerspacher Real Estate Group
HighLights
- Coin‑operated laundromat (built 1958) with 14 washers and 24 dryers
- Capital improvements include new roof and HVAC system in 2026, plus upgraded three‑phase electrical service
- Two new hot water tanks, new steel entry doors, new countertops, and fresh interior paint throughout
- Washer drainage capacity improved, with enhanced sidewalk and six dedicated customer parking spaces
- Customer amenities include soda and snack vending, public restroom, and seating for up to 10 customers
- City utilities and on‑site security monitoring throughout the property
Overview
This well-maintained coin-operated laundromat includes 14 washers and 24 dryers to support ongoing customer demand. The facility has received substantial recent capital improvements, including a new roof and HVAC system in 2026, upgraded three-phase electrical service, two new hot water tanks, new steel entry doors, refreshed interior paint, updated countertops, and improved drainage capacity for the washers. Customer amenities include soda and snack vending machines, a public restroom, and seating for up to 10 customers, along with on-site security monitoring throughout the property.
The property is located at 611 10th St. NW in Canton and is served by city utilities. The building also provides six dedicated parking spaces for customer convenience.
For an owner-operator or business buyer, the combination of an established laundromat layout, on-site amenities, and recently completed upgrades can support a straightforward retail operations profile. The availability of dedicated parking and security monitoring are practical features for day-to-day customer service.
The property is located at 611 10th St. NW in Canton and is served by city utilities. The building also provides six dedicated parking spaces for customer convenience.
For an owner-operator or business buyer, the combination of an established laundromat layout, on-site amenities, and recently completed upgrades can support a straightforward retail operations profile. The availability of dedicated parking and security monitoring are practical features for day-to-day customer service.
Local Financial Insights For Retail
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 | $35.6k | $27.00 |
| − Vacancy | −$1.2k | −$0.89 |
| EGI | $34.5k | $26.11 |
| − OpEx | −$10.3k | −$7.83 |
| NOI | $24.1k | $18.28 |
1,320 SF · lease $27.00/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$344.6K
$301.6K – $402.1K
NOI $24,125 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Canton Flower Shop, Inc. — 201 Market Ave S, Canton, OH 44702
- All In Bloom — Canton, OH 44708
- Canton Flower Shop — 201 Market Ave S, Canton, OH 44702
- All In Bloom Floral And Gifts — 2319 Tuscarawas St W, Canton, OH 44708
- All In Bloom Floral Studio — Canton, OH 44708
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Stark
- State
- Ohio
- Longitude
- -81.377747
- Latitude
- 40.8076767
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Well-maintained laundromat with 14 washers, 24 dryers, and six dedicated customer parking spaces.
Where is this storefront property located?
The property is located at 611 10th Street Northwest Canton, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Coin‑operated laundromat (built 1958) with 14 washers and 24 dryers; Capital improvements include new roof and HVAC system in 2026, plus upgraded three‑phase electrical service; Two new hot water tanks, new steel entry doors, new countertops, and fresh interior paint throughout
