11 Lincoln Way W - Office FOR SALE


Massillon, OH 44647
$1,400,000 USD
330-808-7255
11 Lincoln Way W, Massillon, OH for Sale
$1,400,000 USD
Office - FOR SALE
1/28
null | Request Cap Rate

11 Lincoln Way W
Massillon, OH 44647


OVERVIEW

ATTENTION REAL ESTATE INVESTORS!!! Located in the heart of downtown Massillon, this historic building offers a prime opportunity for your next investment. Currently, a reputable and franchised bank occupies the ground floor under a long-term NNN lease, set to run until 2028 with options for renewal. This bank is responsible for its own remodeling and maintenance, providing a hassle-free arrangement for the tenant space. The remaining floors have been fully demoed and are ready for a fresh vision, whether you want to create modern office spaces or much-needed apartment spaces. Centrally located in Downtown Massillon, this building is surrounded by a mix of local businesses and well-known franchises, as well as shopping, dining, and entertainment options. This is a rare opportunity to occupy a prime location in Downtown Massillon (while already producing income!) in a historic building ready for transformation. Schedule your walkthrough today! SCHEDULE ALL SHOWINGS THROUGH SHOWING TIME LINK. PRE-APPROVAL OR PROOF OF FUNDS REQUIRED PRIOR TO INTERIOR SHOWINGS. LISTING AGENT WILL BE PRESENT FOR ALL WALKTHROUGHS AND WILL TAKE YOU THROUGH THE VACANT AREAS, FROM THE BASEMENT TO THE ROOF. WE WILL NOT TOUR CHASE BANK UNTIL ALREADY UNDER A DUALLY SIGNED CONTRACT. ****SELLER MAY CONSIDER A FORM OF SELLER FINANCING. OWNER WOULD CONSIDER RENTING SPACE FLOOR BY FLOOR, AS LISTING AGENT FOR DETAILS.****

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lincoln Professional Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

00616278

ASK ABOUT THIS PROPERTY

Jonny DallasRussell Real Estate ServicesMore Info
330-808-7255

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Jonny DallasRussell Real Estate ServicesMore Info
330-808-7255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.