112-130 Erie St S - Storefront Retail/Residential FOR SALE


Massillon, OH 44646
$999,999 USD
440-670-2300
112-130 Erie St S, Massillon, OH for Sale
$999,999 USD
Storefront Retail/Residential - FOR SALE
1/66
null | Request Cap Rate

112-130 Erie St S
Massillon, OH 44646


HIGHLIGHTS

  • Historic architecture and history
  • Massive scale: Control of an entire downtown city block
  • Flexible redevelopment: Apartments, lofts, restaurants, event spaces, creative offices, co-working, boutique hotel, or a mixed-use anchor project
  • Prime visibility and access: Public parking garage across the street + additional lot next door

OVERVIEW

Own an Entire City Block in Historic Downtown Massillon – Over 50,000 Sq. Ft. of Redevelopment Opportunity! This is your chance to acquire three historic buildings and control an entire city block in the heart of downtown Massillon. With a total of over 50,000 square feet spanning 112, 120, and 130 Erie Street, this rare package combines two architectural treasures—the Bloomfield Building (built 1900) and the Worthorst Building (built 1843)—offering an extraordinary opportunity for value-add investors, developers, or visionaries ready to be part of Massillon’s exciting downtown resurgence. The Bloomfield Building – 112 Erie St. 20,608 sq. ft. of mixed-use space across 3 stories Full-length, wall-to-wall windows on 2nd & 3rd floors Exposed interiors ready for buildout – envision apartments, office lofts, rooftop patio, and retail New electric and TPO roof installed Front concrete recently replaced by city Zoned for retail, office, multifamily, or hospitality Previously home to Bloomfield’s, known for pioneering half sizes in women’s fashion The Worthorst Building / Masonic Temple – 120-130 Erie St. Over 35,000 sq. ft. of historic space built in 1843 Original woodworking, exposed brick, and a built-in safe made by Al Capone’s safe maker Features include dumbwaiter, freight elevator, and soaring ceilings Zoned B-2 Central Business District – ideal for adaptive reuse New TPO roof – full interior renovation needed Formerly the Masonic Temple and Lee Furniture Highlights & Investment Potential Massive scale: Control of an entire downtown city block Flexible redevelopment: Apartments, lofts, restaurants, event spaces, creative offices, co-working, boutique hotel, or a mixed-use anchor project Revitalization momentum: Downtown Massillon is booming, with nearby properties selling at $400+/sq. ft. Prime visibility and access: Public parking garage across the street + additional lot next door Potential for financing flexibility: Qualified buyers may assume an existing $500,000 land contract, approx. $4,500/month with 10-year balloon (must purchase all three buildings) Located in a Designated Opportunity Zone This property qualifies for significant federal tax incentives through the Opportunity Zone program. Investors may defer and reduce capital gains taxes—and potentially eliminate taxes on future appreciation—by holding the asset long-term. This adds tremendous value for developers and long-term investors looking to maximize returns while contributing to downtown Massillon’s revitalization. Whether you're an experienced developer or a visionary entrepreneur, this is a once-in-a-generation opportunity to own a substantial piece of Northeast Ohio history and shape the future of downtown Massillon. Bring your vision. Secure your incentives. And transform these historic landmarks into a legacy. Contact today to schedule a private tour or request full redevelopment plans and renderings. Investment Highlights The Bloomfield Building – 112 Erie St. Ground Floor: Nearly 6,000 sq. ft. of retail space featuring, 16 ft. ceilings, perfect for a high-traffic storefront, restaurant, hotel or multiple tenants. Elevator space is also present to access all three floors. Second & Third Floors: Ideal for multifamily apartments, loft-style offices, or a boutique hotel, motel, or bed & breakfast, capitalizing on the city’s growing demand for hospitality accommodations. Structural Integrity: The bones of the building are incredibly solid, making it an excellent candidate for redevelopment. Upgrades: New electric service & TPO roof already completed. Zoning: B-2 Central Business District, allowing for a wide range of redevelopment opportunities. Parking: Public parking garage directly across the street and an additional lot next door provide ample parking for future tenants and guests. The Worthorst Building / Masonic Temple – 120-130 Erie St. Total Space: 35,115 sq. ft. (13,755 sq. ft. + 21,360 sq. ft. across three floors) Historic Construction: Built from sandstone block, making it one of only three buildings like it in the region Prime Downtown Location 3-4 Retail storefront on ground level- ideal location for a large restaurant chain and a sub shop ( Or Crumbl cookie) Elevator between the units Original architecture and woodworking, which also includes a safe made by Al Capones safe maker and the stage previously used by the free masons.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$18 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1842

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

00608012

ASK ABOUT THIS PROPERTY

Erin ThomasKeller Williams LIVINGMore Info
440-670-2300

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Erin ThomasKeller Williams LIVINGMore Info
440-670-2300

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