Technical
Financial
Distress signals
Property profile

814 Cleveland Ave NW Canton, OH 44702

FOR LEASE
Retail space
Property ID
US66-2089048
6,156 SF 0.16 ac lot Built 1928
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6,156-square-foot commercial property, located at 814 Cleveland Ave NW, Canton, Ohio 44702, presents a unique investment opportunity. The building, situated on a 0.161-acre lot and zoned B-5, offers a versatile blend of retail and warehouse space. The first floor features a storefront showroom, two generously sized work areas, a convenient break room, and two half-bathrooms. The showroom boasts 11-foot ceilings, while the work areas and break room offer 12-foot ceilings. A Reznor heater and a double rear door enhance functionality. Upstairs, the second floor provides additional space with two large work areas and impressive 13-foot ceilings. Parking is readily available in the rear of the building, supplemented by street parking on Cleveland Avenue. This property is also available for sale, with seller financing an option for qualified buyers. The motivated seller makes this an attractive proposition for both investors and owner-occupiers. The property's central business location and flexible zoning make it ideal for a variety of uses. Triple Net (NNN) lease terms apply. Parcel Number: 229542. Cross Street: 8th St. NW.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1928
Construction FRAME
Total area 6,156 SF
Lot 0.16 ac (7,031 SF)
APN 02-29542
UPID US66-2089048

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Furniture & Home Goods

Location

814 Cleveland Ave NW Canton, OH 44702
Canton metro Census 700100 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2022
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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