407 High SW Ave Canton, OH 44707
This exceptional 10,056-square-foot freestanding commercial building, situated on a 0.79-acre lot in Canton, Ohio, presents a unique investment opportunity. The property, located at 407 High Avenue SW, boasts a versatile layout suitable for retail and industrial uses, reflecting its B-3 zoning. Built in 1984, the building features a warehouse area with a 10-foot overhead door, plus a separate garage equipped with three 8-foot and one 10-foot overhead doors. A fenced side yard enhances security and functionality. The retail space includes a bar, complete with a D5 liquor license, and central air conditioning. The property's substantial size, encompassing six parcels (APN numbers 246962, 213927, 203663, 205600, 226933, and 226932), offers significant potential for expansion or redevelopment. The asking price is $249,000, and annual property taxes are $4,890. This property is currently vacant and ready for immediate occupancy. Its prime location and flexible zoning make it an ideal choice for a variety of businesses. The previous use included retail and warehouse storage.
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
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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.