2091 Locust St

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2091 Locust St

canal-fulton, OH 44685
Asking Price
$3.17M
Asset Type
Retail
Class
Class B

What's Special

2091 Locust Street is located in Canal Fulton, Ohio, situated within a commercial corridor along State Route 93. This area features a mix of local businesses, residential neighborhoods, and essential services, creating a community-focused environment. The property is positioned near regional retailers, local dining options, and the Tuscarawas River, which serves as a landmark for the district. Accessibility is anchored by its proximity to major local thoroughfares, providing direct connections to nearby cities such as Akron and Canton. This retail asset is suited for a variety of commercial applications, including boutique storefronts, professional service offices, or neighborhood convenience ventures. The layout and regional positioning favor tenants seeking high visibility within a suburban trade area. Ideal occupants typically include service-oriented businesses, independent retailers, or health and wellness providers looking to serve the local population. The location benefits from steady local traffic and a stable surrounding demographic base.

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NOI
$80,000
Cap Rate
2.52%
DSCR
0.42
Underwater
Cash-on-Cash
-11.39%
Monthly Payment
$15,708.168
Annual Cash Flow
$-108,498.012

Location & Travel Times