2330 Penn NE Pl Canton, OH 44704-2266
This exceptional 14,318-square-foot building in Canton, Ohio, presents a remarkable investment opportunity. Completely renovated, it boasts a versatile design ideal for a variety of uses, including a daycare, nursing home, or rehabilitation center. The property is zoned R-4, providing flexibility for various healthcare or residential applications. Situated on a 0.93-acre lot, it includes ample parking. Built in 1973, the building has undergone a comprehensive rehabilitation, resulting in a move-in ready facility with modern amenities. Accessibility features have been thoughtfully incorporated throughout the design. The property's location in Canton, Ohio, offers convenient access to essential services and a strong local community. The large square footage allows for potential expansion or modification to meet specific business needs. This turnkey facility represents a rare opportunity to acquire a fully renovated property with significant potential for growth and profitability. Buyers are responsible for verifying zoning compliance with their intended use with the Canton zoning department. The asking price is $1,750,000. The property features one key and has an APN of 243238.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.