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    2627 Waynesburg Dr Canton, OH 44707

    Sponsored
    For Sale
    $209,900

    Updated Retail & Apartment Building

    Property size:
    4,602 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 2627 Waynesburg Dr SE in Canton, Ohio, presents a unique investment opportunity. The completely renovated building, constructed in 1930 and extensively updated in 2024, boasts 4,602 square feet situated on a 0.4-acre lot (APN 1307022). The property features a first-floor retail space, meticulously updated with new plumbing, electrical, drywall, flooring, and lighting, along with two new furnaces and a hot water heater. The retail area includes two showrooms, an office, and a half-bathroom. Upstairs, a charming two-unit apartment building offers three bedrooms, a living room, a fully updated kitchen and bathroom, and a spacious back deck. The apartment has a separate entrance from the retail space for added privacy. The property also includes a one-car attached tandem garage, a repaved parking lot, and a fenced-in rear parking area, providing ample parking both in front and behind the building. The building is zoned B-2 and is currently vacant, presenting immediate potential for rental income. This all-brick building offers a blend of modern updates and classic charm, making it an ideal investment for a savvy buyer seeking a turnkey operation in a desirable Canton location. The property's recent renovations minimize immediate capital expenditure needs, allowing for a swift return on investment. This is a rare opportunity to acquire a fully renovated, mixed-use property in a prime location.

    Property Features for 2627 Waynesburg Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,602 SF
    Class
    B
    Lot Size
    17,424 SF

    Building Details

    Year Built/Renovated
    1930/2024
    Buildings
    1
    Stories
    2
    Units
    2

    HighLights

    • Completely renovated 4,602 SF mixed‑use building on a 0.4‑acre lot in Canton, OH (APN 1307022).
    • First‑floor retail space features two showrooms, an office, and a half‑bath; new plumbing, electrical, drywall, flooring, lighting, furnaces, and hot water heater.
    • Upper level contains a two‑unit apartment with three bedrooms, living room, updated kitchen & bath, and a deck; separate entrance from retail space.
    • Includes one‑car attached tandem garage, repaved parking lot, and fenced rear parking area.
    • B‑2 zoning; currently vacant; minimal capital expenditure needed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kris Auto Sales Used Car Dealer Premium Exterior LLC Roofing Contractor

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Nail Salon Kitchen & Bath Grocery Store HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Stark
    State
    Ohio
    Longitude
    -81.3362884
    Latitude
    40.7674004

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    FAQs

    What type of property is this?
    Individual retail property - Updated Retail & Apartment Building
    Where is this individual retail property located?
    The property is located at 2627 Waynesburg Dr Canton, OH.
    What is the asking price?
    The asking price for this property is $209,900.
    What are key features of this property?
    This property features: Completely renovated 4,602 SF mixed-use building on a 0.4-acre lot in Canton, OH (APN 1307022).; First-floor retail space features two showrooms, an office, and a half-bath; new plumbing, electrical, drywall, flooring, lighting, furnaces, and hot water heater.; Upper level contains a two-unit apartment with three bedrooms, living room, updated kitchen & bath, and a deck; separate entrance from retail space.
    Request Owner's contact information
    2627 Waynesburg Dr Canton, OH 44707
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    Canton, OH 44707
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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
    2627 Waynesburg Dr Canton, OH 44707
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