314 Cherry Avenue SECanton, OH 44702

314 Cherry Avenue SECanton, OH 44702

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$695,000 Active
Commercial - Industrial MLS 5187470

Listed By

Agency Name: Kiko
Agency Contact: gadams@kikocompany.com, 330-413-2815

Shown By

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

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Property Description

Commercial/Industrial Warehouse - Downtown Canton. Unique commercial/industrial warehouse located in Downtown Canton within the City of Canton Opportunity Zone. Originally built in 1910 with a 1967 distribution warehouse addition, this property sits on 1.11 acres and offers a total of 126,001 sq. ft. across three stories. Features include a full basement, concrete under wood flooring, two freight elevators, five overhead doors, and a secure vault. The building is equipped with a fire suppression system, all hydrants are fully charged, and it has Reznor gas heating. The roof is approximately 10 years old, and the owner has removed all old carpeting and tile flooring, providing a clean slate for improvements. Additional highlights include ample off-street parking, easy access to US Route 30 and I-77, and exceptional potential for industrial, distribution, or commercial use. This property combines historic charm with functional modern updates and offers a rare opportunity in a high-demand commercial corridor.

314 Cherry Avenue SE | MLS# 5187470

This commercial property located at 314 Cherry Avenue SE, Canton, OH 44702 is currently listed for sale with an asking price of $695,000. Cherry Avenue SE is located within the Canton City school district. Search Canton real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Industrial
Basement: Full
Basement: Yes
Cooling: None
Heating: Gas
Lot Size: 1.11 Acres
Roof Type: Rubber
Taxes: $11,439 / year
Year Built: 1910

Feature Descriptions

Building Features: Elevator(s), Loading Dock, Overhead Doors, Private Restrooms
Parcel#: 00245197
Parking: Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Canton City

Demographics

Stark County Demographic Information for 314 Cherry Avenue SE, Canton, OH 44702
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