Bank Building with
New
For Sale
$500,000
6336 Middlebranch Ave NE, Canton, OH 44721
Former banking premises sit near Easton Street and Middlebranch Avenue, beside Oakwood Square and Plain Township Amphitheater.
Property Size2,648 SF
Days on Market6
Property Features for 6336 Middlebranch Ave NE
General Information
Standard status
Active
Size
2,648 SF
Property subtype
Retail
Additional Details
Drive-Thru
Yes
Building Details
Building Size
2,648 SF
Year Built
1974
Listing Agency:
NAI Spring
Listed By:
Jared Sanford · License #SAL.2019004940
(330) 354-3466
Source:
Naiglobal
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 5 at 5:36PM
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
Investment Insights
Based on property information with market context.
A former bank building in Canton includes a drive-through and was built in 1974. The property is positioned near the meeting of Easton Street and Middlebranch Avenue.
Oakwood Square and Plain Township Amphitheater are adjacent to the property. Surrounding uses include commercial and residential areas.
Oakwood Square and Plain Township Amphitheater are adjacent to the property. Surrounding uses include commercial and residential areas.
Key Highlights
- Drive‑through facility
- Built in 1974
- Adjacent to Oakwood Square and Plain Township Amphitheater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,807
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,140
$576.1K
Cap Rate 7%
$411,529
$411.5K
Cap Rate 9%
$320,078
$320.1K
Market Conditions
NOI Build-Up for 2,648 SF
Gross rent
$39.7K $15.00/SF
− Vacancy
−$1.3K −$0.50/SF
EGI
$38.4K $14.50/SF
− OpEx
−$9.6K −$3.63/SF
NOI
$28.8K $10.88/SF
Area
Stark County, OH
Vacancy
3.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,140
Cap Rate 7%
$411,529
Cap Rate 9%
$320,078
Alternative Uses
Best Use
Retail
$691.4K
$605.0K – $806.6K
NOI $48,396 @ 7.0% cap · market cap 9.68%
Second Best
Specialty Retail
$411.5K
$360.1K – $480.1K
NOI $28,807 @ 7.0% cap · market cap 5.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 44721, OH
13,432
Population
5,421
Households
2.5
Avg Household Size
44
Median Age
39%
College-Educated
98%
High-School Grad
15.9 sq mi
ZIP Area
845
Density / Sq Mi
$95,199
Median Household Income
$41,503
Median Earnings
$868
Median Rent
$219,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Former banking premises sit near Easton Street and Middlebranch Avenue, beside Oakwood Square and Plain Township Amphitheater.
Where is this bank located?
The property is located at 6336 Middlebranch Ave NE Canton, OH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Drive‑through facility; Built in 1974; Adjacent to Oakwood Square and Plain Township Amphitheater
