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Tip Top Plaza 30th St NE

44,635 SF 85% Leased Retail Building Canton, OH 44714 $2,050,000 ($46/SF) 9.51% Cap Rate

Executive Summary

• Great opportunity to acquire this long standing neighborhood center in Canton, Ohio.
• 85% leased.
• Anchor tenant just signed a 5 year lease with annual rent increases, rent commenced October 2024.
• Only vacancy is 6,900/SF that has been completely renovated with new floor coverings, paint, ceiling tiles, LED lighting and bathroom
fixtures.
• Adjacent 1.46 acre lot is also included in the sale.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
44,635 SF
Building Class
C
Year Built
1955
Price
$2,050,000
Price Per SF
$46
Cap Rate
9.51%
NOI
$194,916
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Land Acres
5.63 AC
Zoning
B1
Parking
233 Spaces (5.22 Spaces per 1,000 SF Leased)
Frontage
310 FT on 30th Street NE

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 803
  • 6,900 SF
  • Retail
  • In-Line
  • Now

Beautifully renovated unit located in growing retail plaza on 30th Street. Last space available in the plaza, previously Ben Franklin’s. Owner has completely renovated the unit and turned it into a white box.

Space Size Space Use Position Available
803 6,900 SF Retail In-Line Now

803

Size
6,900 SF
Space Use
Retail
Position
In-Line
Available
Now

803

Size 6,900 SF
Space Use Retail
Position In-Line
Available Now

Beautifully renovated unit located in growing retail plaza on 30th Street. Last space available in the plaza, previously Ben Franklin’s. Owner has completely renovated the unit and turned it into a white box.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05201851
  • 05219830
  • 10005742
Land Assessment
$100,980
Improvements Assessment
$446,780
Total Assessment
$547,760
  • Listing ID: 33741807

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 30th St NE, Canton, OH 44714

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