4925 Fulton DrCanton, OH 44718

For Sale
$2,480,000

High-Income, Multi-Tenant Commercial Property

Overview

Added:
Feb 3
Days on market:
38
This exceptional mixed-use property in Canton, Ohio's desirable Belden Village area presents a lucrative investment opportunity. Situated on a 3.84-acre lot, this high-traffic location boasts thirteen commercial tenants occupying twenty-seven units across several well-maintained buildings. The diverse tenant mix includes light manufacturing, retail, professional services, heated storage, offices, a fitness center, and warehouses, ensuring a stable income stream. Currently operating at 100% occupancy, the property generates a substantial annual gross income of $208,680. Several long-term tenants, some with leases extending up to forty years, provide significant stability and predictability. Adding to the income potential is a cell phone tower lease, with potential for future expansion and shared revenue. The property also includes a three-unit duplex apartment building, each with a private entrance, enclosed garage, and basement laundry facilities. Recent improvements include a complete asphalt parking lot replacement (2021), new gas and water lines (2021) to the east commercial building, and new LED commercial road signage (2022) for enhanced tenant visibility. The property's semi-annual tax payment is $19,797.65. This turnkey investment offers a compelling blend of diverse income streams, long-term tenant stability, and recent capital improvements, making it an ideal acquisition for discerning investors seeking strong returns.

Property Details for 4925 Fulton Dr

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1971
Lot Size (sq. ft)
167,270 SF

Location Insight

City
Canton
County
Stark
State
Ohio
Latitude
40.8473
Longitude
-81.44083
4925 Fulton Dr, Canton, Ohio

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4925 Fulton Dr
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