2241 Tuscarawas St W, Canton, OH 44708

Description

Extremely rare opportunity with huge upside. Positioned on a hard corner immediately off the I-77 freeway exit seeing
over 93,000 VPD is a 2,880 SF retail building with an all brick side-by-side duplex on the back half of the parcel which is
included in the sale. The retail building is occupied by a cell phone sales and repair store with a 5 year lease. The duplex
just underwent extensive renovations with ownership investing $65,000 into the duplex including: new roof (2025), vinyl
windows (2025), updated: electric panels, kitchens and baths, flooring, paint and complete unit turns making this ideal
for an investor looking for a turn key multifamily/retail investment. Situated in the primary retail corridor of Canton, OH
surrounded by national and local tenants such as: Walmart, Altman Hospital, KFC, WingStop, CVS, Subway, Huntignton
Bank, Giant Eagle, UPS, Five Below, and more! High traffic counts in front of the property of 22,337 VPD! Huge opportunity
to add value by bringing the retail property to market rent when the initial lease ends in 2029 which would increase the
income by more than $25,000 annually, increasing the cap rate to an expected 19%. The duplex features 3 beds and 1
bath in each unit with separtely metered gas and ecletric for each unit allowing the tenants to pay for their own utilities.
Reach out today for a copy of the Offering Memorandum and to schdule a tour.

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2241 Tuscarawas St W

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