2729 Cleveland Avenue NWCanton, OH 44709

2729 Cleveland Avenue NWCanton, OH 44709

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$695,000 Active
Commercial - Retail MLS 5192649 New to the Market

Listed By

Agency Name: RE/MAX Edge Realty
Agency Contact: debbie@debbieferrante.com, 330-958-8394

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This highly visible Canton property offers a prime Redevelopment Opportunity with tremendous potential. Part of the Johns Center Building, operated for many years as a popular local restaurant and gathering place, is now vacant and ready for its next chapter. The main restaurant space features a two large kitchen areas, an expanded bar and several dining areas, and a recently added outdoor patio complete with a glass garage door and fenced seating area?an attractive feature for future hospitality or entertainment uses. Most kitchen equipment has been removed, allowing a new owner to design the space to fit their concept. The property also includes multiple retail spaces, two of which are currently occupied: a long-established billiards business and a barber shop, providing some existing tenancy, income and activity on the property. Additional space includes older second-floor office areas currently not in use and two occupied apartments on the upper level that are functional but in need of updating. Situated in a convenient Canton location near major highways, restaurants, and other commercial businesses, the site offers excellent accessibility and visibility. One of the property's strongest features is the expansive parking lot with over 100 parking spaces, a rare amenity that supports a wide range of commercial uses. While the building does require updates and general improvements, this property represents a blank slate with significant redevelopment potential for restaurant, retail, entertainment, mixed-use, or other commercial concepts. Adding further potential, three adjacent single-family homes?currently rented?are also available for purchase separately, providing over an additional half acre of land that could expand redevelopment opportunities or future site assembly. With its prime location, generous parking, and flexible layout, the opportunity at this price point is one investors and entrepreneurs will want to explore!

2729 Cleveland Avenue NW | MLS# 5192649

This commercial property located at 2729 Cleveland Avenue NW, Canton, OH 44709 is currently listed for sale with an asking price of $695,000. Cleveland Avenue NW is located within the Canton City school district. Search Canton real estate on 542snivelyavenuenw.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air, Wall/Window Unit(s)
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 1.29 Acres
Taxes: $11,915 / year
Year Built: 1950

Feature Descriptions

Building Features: Overhead Doors, Private Restrooms, Public Restrooms, Sign(s), Storage
Parcel#: 00240295
Parking: Additional Parking, Alley Access, Asphalt, Guest, Off Street, Paved, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Canton City

Demographics

Stark County Demographic Information for 2729 Cleveland Avenue NW, Canton, OH 44709
Fips
Fips Code 39151
Population
2020 to 2023 Change down 0.6%
2010 Count 375,586
2020 Count 374,853
2023 Estimate (V2023) 372,716
2020 Estimate (V2023) 374,864
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.3%
18 to 64 52.7%
65 and Older 20.7%
Gender
Male 49.0%
Female 51.0%
Place of Birth
Foreign 2.2%
US 97.8%
Education
High School Graduate, Age 25+ 92.7%
Bachelor's Degree or Higher, Age 25+ 24.1%
Computer and Internet use
Households with a computer 92.4%
Households with a broadband Internet subscription 84.8%
Language
English is Second Language, Age 5+ 3.3%
English is First Language, Age 5+ 96.7%
Veterans
Veterans 21,951
Income
Per Capita Income $34,652
Median Household Income $63,130
People in Poverty 13.2%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 167,998
Households 154,690
Average Household Size 2.37
Owner-Occupied 68.2%
Multi-Family 20.0%
Owner-Occupied Median Value $164,900
Median selected monthly owner costs -with a mortgage $1,268
Median selected monthly owner costs -without a mortgage $483
Median gross rent $838
Building Permits
New Private Housing Issued 2023 509
Years at Residence
1 Year or More 88.8%
Less Than 1 Year 11.2%
Business and Employment
Private non-farm Establishments 8,029
Private non-farm Employment 135,584
Private non-farm Employment Growth down 2.9%
Nonemployer Establishments 27,851
Number of Firms 29,680
Business Production
Value of Shipments $11,181,630,000
Wholesale Trade $3,874,927,000
Retail Trade $5,377,131,000
Retail Sales Per Capita $14,219
Accommodation and Food Services $745,822,000
Land
Land Area 575.27 sq. miles
Population Per Square Mile 653

Source: US Census Bureau