Property profile

1664 North Main St North Canton, OH 44720

FOR SALE
Community centers
Property ID
US66-2880288
12,000 SF 9 ac lot Built 1987
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Berlin Commons, located at 1664 North Main Street in North Canton, Ohio, presents a unique leasing opportunity. This Class B property, built in 1987 and renovated in 1989, offers 1,200 square feet of immediately available executive office space within a larger complex. The entire Berlin Commons encompasses 63,256 square feet spread across three single-story buildings situated on a 9-acre lot (391,859 square feet). The property is zoned MS-NG and features ample parking with 435 spaces available for tenants and their guests. The suite is part of a multi-tenant building, offering a collaborative and professional environment. The property's location in Stark County, Ohio, provides convenient access to local amenities and transportation routes. The property's APN is 10002591. This is an excellent opportunity for businesses seeking high-quality office space in a well-established North Canton location. The available space is ideal for a variety of executive office uses. The property's convenient location and ample parking make it an attractive option for businesses of all sizes. The existing infrastructure and recent renovations ensure a comfortable and functional workspace. Interested parties should inquire promptly to secure this prime office space.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Construction BRICK
Total area 12,000 SF
Lot 9 ac (392,040 SF)
APN 10-002591
UPID US66-2880288

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1664 North Main St North Canton, OH 44720
North Canton metro Census 712114 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.19M

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.4M +36.4%
Auto repair, garage $1.2M +16.3%
Medical building $1.1M +6.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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