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4780-4810 Munson St NW

3,800 SF Office Condo Unit Offered at $259,900 in Canton, OH 44718

Executive Summary

3,800 Sq. Ft. fully occupied office condominium investment property for sale. Approximately 3,800 Sq. Ft. is 100% occupied by three tenants, Ameron Pole Products. LLC, Caplea & Variola Co., LPA Attorney's at Law & DTI Products Worldwide. Owners renovated common areas with new LED lighting and installed new flooring & fixtures in the restrooms. Owners recently replaced multiple HVAC units. Tenant pays cable/internet/phone & owners pay gas & electric. Condo Association dues, which are paid by the owners, are $500 / month & cover snow plowing, landscaping, refuse, water, and other common area maintenance. Real Estate taxes are paid separately by owners. Rent rolls & financials available upon request. Showings available with advance notice. Please do not disturb tenants.

Data Room Click Here to Access

Property Facts

Price $259,900
Unit Size 3,800 SF
No. Units 1
Total Building Size 15,308 SF
Property Type Office (Condo)
Sale Type Investment
Building Class C
Floors 2
Typical Floor Size 7,654 SF
Year Built 1981
Lot Size 0.29 AC
Parking Ratio 1.53/1,000 SF

1 Unit Available

Unit 4792

Unit Size 3,800 SF
Price $259,900
Price Per SF $68.39
Condo Use Office
Sale Type Investment
Cap Rate 9.36%
NOI $24,335
APN/Parcel ID 01621267
Description

3,800 Sq. Ft. fully occupied office condominium investment property for sale.

Approximately 3,800 Sq. Ft. is 100% occupied by three tenants, Ameron Pole Products. LLC, Caplea & Variola Co., LPA Attorney's at Law & DTI Products Worldwide.

Owners renovated common areas with new LED lighting and installed new flooring & fixtures in the restrooms. Owners recently replaced multiple HVAC units.

Tenant pays cable/internet/phone & owners pay gas & electric. Condo Association dues, which are paid by the owners, are $500 / month & cover snow plowing, landscaping, refuse, water, and other common area maintenance. Real Estate taxes are paid separately by owners.

Rent rolls & financials available upon request. Showings available with advance notice. Please do not disturb tenants.

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Amenities

  • Bus Line
  • Signage

zoning

Zoning Code B-3 (Jackson Township B3 Commercial Business)
B-3 (Jackson Township B3 Commercial Business)
  • Listing ID: 30692038

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 4780-4810 Munson St NW, Canton, OH 44718

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