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Mixed-Use Storefront with Apartments
For Sale
$300,000

824 12th Street NW, Canton, OH 44703

Retail space fronts a four-unit residential component with month-to-month occupancy and long-term tenants.

Property SizeContact for details
Days on Market149

Property Features for 824 12th Street NW

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $56,640

Building Details

Year Built 1935
Buildings 2
Tenancy Multi
Listing Agency: Keller Williams Legacy Group Realty
Listed By: Mason Ferrer · License #2023000760
Source: Carolgoffrealestate
Added: Apr 3 Changed: Aug 28 Last Checked: Aug 28 at 7:08AM

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 Keller Williams Legacy Group Realty

Investment Insights

Based on property information with market context.

Built in 1935, this mixed-use property combines a retail storefront with four residential apartments. Each apartment contains 1 Bed/1Bath, and all four units are occupied by long-term tenants on a month-to-month basis. Tenants pay utilities other than electric. The owner is completing new steps before transfer, while existing grants cover interior and exterior remodeling along with asphalt repaving.

The property includes an additional tax parcel, PPN 00219021, with a garage and gravel parking lot located across the street. All city inspections have been completed and passed. The existing retail configuration also presents an opportunity to convert space into additional residential units, subject to applicable approvals.

Key Highlights

  • Four 1 Bed/1Bath apartments, all rented MTM to long‑term tenants
  • Retail storefront with four residential apartments
  • Additional tax parcel PPN 00219021 includes a garage and gravel parking lot across the street

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic Gym & Fitness Center

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

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,090
Businesses Nearby

Demographics for 44703, OH

8,015
Population
4,600
Households
1.7
Avg Household Size
35
Median Age
14%
College-Educated
83%
High-School Grad
1.1 sq mi
ZIP Area
7,286
Density / Sq Mi
$31,950
Median Household Income
$27,925
Median Earnings
$838
Median Rent
$78,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space fronts a four-unit residential component with month-to-month occupancy and long-term tenants.
Where is this mixed-use property located?
The property is located at 824 12th Street NW Canton, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four 1 Bed/1Bath apartments, all rented MTM to long‑term tenants; Retail storefront with four residential apartments; Additional tax parcel PPN 00219021 includes a garage and gravel parking lot across the street
More about this property
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