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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2040 Wales Ave Massillon, OH 44646

89,766 SF 8.44 ac lot Built 1969
Property ID
Property summary
AI-generated overview

Wales Square, located at 2040 Wales Ave NW in Massillon, Ohio, presents a compelling retail investment opportunity. This Class B property, built in 1969, comprises three single-story buildings totaling 89,766 square feet situated on an expansive 8.44-acre lot (367,819 square feet). The property is zoned B-3, allowing for a variety of retail uses. Currently, there are four suites available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 11,360 square feet. A significant 27,860 square feet of space is currently vacant, offering immediate occupancy potential for expanding businesses or new ventures. The property's location in Stark County, Ohio, zip code 44646, provides excellent access to local traffic and offers significant visibility. This multi-tenant retail center presents a unique opportunity to establish a presence in a well-established Massillon commercial area. The property's size and layout offer flexibility for a variety of retail concepts, making it an ideal location for businesses seeking high-traffic exposure and ample space. Interested parties should inquire about lease terms and availability.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1969
Total area 89,766 SF
Lot 8.44 ac (367,646 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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