1020 Market Ave N Canton, OH 44704
For Lease
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This exceptional 9.27-acre lot presents a unique investment opportunity in Canton, Ohio. Located at the highly visible, signalized intersection of Market Avenue N and 9th Street NE, this property offers unparalleled exposure. The existing building, a two-story Class B structure built in 1954, totals 1 square foot and sits on approximately 1 acre of the total land. The remaining acreage provides significant development potential. The property is zoned B-5, allowing for a variety of commercial uses. Its prime downtown location places it directly across from the Canton Memorial Civic Center and the Cultural Center for the Arts, ensuring high foot traffic and visibility. This property is situated within an Opportunity Zone, offering potential tax advantages for qualified investors. The property's address is 1020 Market Ave N, Canton, OH 44704, with the APN 10007992 in Stark County. The property is currently available for sale or lease, presenting a flexible option for prospective buyers or tenants seeking a strategic location in a thriving urban environment. The multiple tenancy allows for diverse business opportunities. This is a rare chance to acquire a significant piece of Canton's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.