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    20 Canal St Newton Falls, OH 44444

    For Lease
    $12 SF/Yr ($8,000 /Mo)

    Downtown location, 4,200 sq ft available

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This stunning, two-story, 8,000 square foot former bank building presents a unique opportunity for businesses seeking a prominent presence in Newton Falls, Ohio. Located on a desirable corner lot in the heart of the downtown area, this Class B office building offers excellent visibility and accessibility. Currently, there is one available space encompassing 4,200 square feet, perfect for a variety of office uses. The building's traditional office layout provides a professional and functional workspace. The owner is motivated and willing to contribute to tenant improvements, making this an attractive option for businesses looking to customize their space. The building's history as a bank adds character and prestige, while its location ensures high foot traffic and easy access for clients and employees. This is a rare opportunity to secure a substantial and well-situated office space in a thriving downtown area. The multiple tenancy structure allows for flexibility and potential for future expansion. The property is situated in Trumbull County, offering access to a range of local amenities and services. Don't miss this chance to establish your business in this impressive and well-positioned building. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 20 Canal St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF
    Class
    B
    Total Rate
    8000

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    4,200 SF
    Rate per SF
    $12

    HighLights

    • 8,000 square foot, two‑story Class B office building in Trumbull County.
    • Multiple tenancy with one 4,200 square foot space currently available.
    • Located in downtown Newton Falls, Ohio, on a corner lot.
    • Former bank building.
    • Landlord offering tenant improvement allowances.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hair Loft Hair Salon McDonald's Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton Falls
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.978119540714
    Latitude
    41.188238978423

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown location, 4,200 sq ft available
    Where is this office property / space located?
    The property is located at 20 Canal St Newton Falls, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 8,000 square foot, two-story Class B office building in Trumbull County.; Multiple tenancy with one 4,200 square foot space currently available.; Located in downtown Newton Falls, Ohio, on a corner lot.
    Request Owner's contact information
    20 Canal St Newton Falls, OH 44444
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    Newton Falls, OH 44444
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    Realmo Value Estimation

    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.

    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.

    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
    20 Canal St Newton Falls, OH 44444
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