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Listed by:

Kiko Real Estate

Income Producing Commercial Building In Canton For Sale

Canton, Ohio, US
Asking Price:
Auction
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Income-producing commercial building in Canton, Ohio, currently leased through August 2028 and generating $19,200 in annual gross rental income. This versatile investment property offers immediate cash flow and is suitable for investors seeking a fully leased commercial asset in a high-traffic location.

The property comprises a 3,200 sq ft single-storey brick building built in 1922 on a 0.261-acre site. Previously operated as an auto repair shop, the premises include two overhead garage doors, overhead gas Reznor heating, durable concrete floors, and a practical open workspace suitable for automotive, contractor, warehouse, storage, or light industrial operations. A fenced yard provides secure outdoor storage and parking.

The current tenant pays the electric and water, while the owner pays the gas. Located in Stark County with excellent accessibility, the property benefits from strong visibility and convenient access for commercial users, making it an attractive long-term investment.

Enquire today for further information regarding this income-producing commercial investment.

Property Information

Real Estate:

Real Property Included

Lease Terms:

Gross Annual Rental Income: $19,200- Current Rent: $1,600 per month - Lease Expiry: August 2028 - Property Taxes: $1,770.40 per year

Premises Details:

3,200 sq ft one-storey brick commercial building with two overhead garage doors, concrete floors, overhead gas Reznor heating, and fenced outdoor storage on a 0.261-acre site.

Size in square feet:
3,200 sq ft building on 0.261 acres.

Business Operation

Expansion Potential:

Suitable for continued investment ownership or future owner-occupation upon expiry of the current lease. Adaptable for automotive, contractor, warehouse, storage, or light industrial uses.

Utilities:
Water: Public
Heating: Gas (Overhead Reznor)
Cooling: None

Years established:
Built in 1922.