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    238 6Th St North Canton, OH 44702

    For Sale
    $349,000

    Prime Retail Space, High Visibility

    Property size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional freestanding retail building, located at 238 6th St NE in Canton, Ohio, presents a compelling investment opportunity. Priced at $349,000, this 6,600 square foot property sits on a 0.326-acre lot and offers significant potential. Built in 1957, the two-story structure boasts a B-5 Central Business District zoning designation, allowing for diverse uses. Currently operating as a multi-tenant retail space with three month-to-month tenants, the property is 100% leased, providing immediate income potential. The building features ground floor retail storefronts and additional office/retail space on the second floor. An approximate 3,300 square foot basement offers further expansion possibilities. The property also includes two adjacent parcels used for ample parking, adding to its overall value. Its highly visible corner location at the intersection of 6th and Walnut Streets places it in close proximity to various amenities, including dining, shopping, and entertainment options. Utilities are separately metered, and annual property taxes are $7,433. This property is ideal for owner-users, investors, or redevelopment projects seeking a strong foothold in the vibrant downtown Canton market. The asking price of $52.88 per square foot reflects a strong value proposition in this desirable location.

    Property Features for 238 6Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,600 SF
    Lot Size
    14,201 SF

    Building Details

    Year Built
    1957
    Buildings
    1
    Stories
    2

    HighLights

    • $349,000 asking price for this freestanding retail building in downtown Canton, Ohio.
    • 6,600 square feet on a 0.326‑acre lot, with an additional 3,300 square feet of basement space.
    • Currently 100% leased with month‑to‑month tenants; ideal for owner‑user, investor, or redevelopment.
    • Located at a highly visible corner lot in the Central Business District (B‑5 zoning).
    • Built in 1957, this two‑story building offers retail storefront space and upper‑level office/retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3719707
    Latitude
    40.8014502

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, High Visibility
    Where is this individual retail property located?
    The property is located at 238 6Th St North Canton, OH.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: $349,000 asking price for this freestanding retail building in downtown Canton, Ohio.; 6,600 square feet on a 0.326-acre lot, with an additional 3,300 square feet of basement space.; Currently 100% leased with month-to-month tenants; ideal for owner-user, investor, or redevelopment.
    Request Owner's contact information
    238 6Th St North Canton, OH 44702
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    North Canton, OH 44702
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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
    238 6Th St North Canton, OH 44702
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