619 Tremont Ave Massillon, OH 44647
- Office Properties & Spaces
- 11,382 SF
- 0.35 lot acres
Current Use by Public Records
- Cadence Care Network / Foster Care Service
Property Details for 619 Tremont Ave
- Year built
- 1915
- Construction
- BRICK
- Lot size
- 0.35 lot acres
- Property size
- 11,382 SF
- Property type
- Office Properties & Spaces
- APN
- 06-80169
- APU
- 680169
Description
This 7,800+/- square foot commercial building, formerly occupied by "The Twelve Inc.", presents a unique investment opportunity. Located at 619 Tremont Avenue SW in Massillon, Ohio, this property offers a versatile layout suitable for a variety of commercial uses. The building features a mix of office spaces, retail space, and executive suites, complemented by a convenient paved parking lot. The main level includes a reception area, offices, kitchenette, storage, an elevator, and stair access to the second floor. The second floor boasts additional offices, a large executive suite, and a conference room. The property is zoned B-1 and enjoys excellent visibility and accessibility, situated off Tremont Avenue near the Viaduct, with close proximity to OH-21 and US-30. This turnkey property is being offered via an absolute auction with both online and on-site bidding options. Online bidding begins Monday, January 27, 2025, at 12:00 PM, with live on-site bidding commencing Friday, January 31, 2025, at 12:30 PM. An open viewing is scheduled for January 27, 2025, from 3:00 PM to 4:30 PM. The Stark County parcel number is 680169, and the half-year property taxes are $929.00. Financing options are available to qualified bidders. This is a truly exceptional opportunity to acquire a substantial commercial property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $90,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $115,000
- 6.5%
- $100,000
- 7%
- $95,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $105,000
- Geo Method
- $115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $115,000
- Retail
- $105,000
- Mixed-Use
- $110,000
- Hospitality
- $85,000
- Educational
- $100,000
- Residential Income
- $115,000
- Energy
- $120,000
- Income-Based Land
- $120,000
- Food Service
- $100,000
Location Insight
- Map
- Local Demand
- City
- Massillon
- County
- Stark
- State
- Ohio
- Longitude
- -81.5303
- Latitude
- 40.7922
- CBSA code
- 15940
- CBSA name
- CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
