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    3030 Market Ave Canton, OH 44714

    For Sale
    $2,050,000

    11,335 SF Vacant Pharmacy/Drug Store

    Property size:
    11,335 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11,335 square foot retail property, formerly a Rite Aid, presents a unique investment opportunity in Canton, Ohio. Located at 3030 Market Ave N, this single-story building sits on a 1.12-acre lot (APN 5218037) and boasts a convenient drive-thru and a rear overhead door, ideal for various retail uses. Built in 1998, the structure is zoned B1 and offers significant potential for redevelopment or repurposing. The property is currently vacant, providing immediate occupancy for a new tenant or owner-user. The asking price is $2,050,000, and the lease type is NNN. Its strategic location near the high-traffic intersection of Market Ave N and 30th Street ensures high visibility and accessibility. The property's substantial size and versatile layout make it suitable for a wide range of retail businesses. This is a rare opportunity to acquire a well-situated, sizable retail space in a thriving Ohio market. The property's history as a pharmacy/drug store provides a solid foundation for a similar business or a complementary retail operation. Serious inquiries are encouraged.

    Property Features for 3030 Market Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,335 SF
    Lot Size
    48,787 SF

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1

    HighLights

    • 11,335 SF retail building on a 1.12‑acre lot in Canton, OH.
    • Located at 3030 Market Ave N (APN 5218037), near the intersection of Market Ave N and 30th Street.
    • Features a drive‑thru and rear overhead door.
    • Built in 1998, zoned B1, currently vacant.
    • Asking price: $2,050,000; NNN lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Drug Store Rite Aid Photo Photo Lab Coinhub Bitcoin ATM ... Atm LibertyX Bitcoin ATM Atm Charles Anderson Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.365982896294
    Latitude
    40.831633842412

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    FAQs

    What type of property is this?
    Individual retail property - 11,335 SF Vacant Pharmacy/Drug Store
    Where is this individual retail property located?
    The property is located at 3030 Market Ave Canton, OH.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: 11,335 SF retail building on a 1.12-acre lot in Canton, OH.; Located at 3030 Market Ave N (APN 5218037), near the intersection of Market Ave N and 30th Street.; Features a drive-thru and rear overhead door.
    (330) 284-0331
    Request Owner's contact information
    3030 Market Ave Canton, OH 44714
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    Canton, OH 44714
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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
    3030 Market Ave Canton, OH 44714
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