1658 Superior Avenue Northeast

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1658 Superior Avenue Northeast

Canton, OH 44705
Asking Price
$90K
Asset Type
Retail
Class
Class B

What's Special

SPECIAL PURPOSE CHURCH WITH RESIDENTIAL REDEVELOPMENT POTENTIAL <ul><li>​Total Building: 7,934 SF</li><li>​Price per SF: $11.34/SF</li><li>​Combined Lot Size: ±0.86 AC</li><li>​Church Layout: Sanctuary, lobby, communion hall, multiple offices, 7+ classrooms, garage, and parsonage (3 bed, 1 bath)</li><li>​Building Age: 1930</li><li>​Zoning: City of Canton R1A (residential single family) and PR2 (planned two-family residential)</li><li>​Density/AC: 6 units/AC for R1A & 12 units/AC for PR2</li><li>​Utilities: Electric, gas, public water and sewer</li><li>​Signa

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NOI
$80,000
Cap Rate
88.89%
DSCR
14.97
Strong
Cash-on-Cash
276.51%
Monthly Payment
$445.271
Annual Cash Flow
$74,656.749

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