112 Erie St S - Storefront Retail/Residential FOR SALE


Massillon, OH 44646
$800,000 USD
440-670-2300
112 Erie St S, Massillon, OH for Sale
$800,000 USD
Storefront Retail/Residential - FOR SALE
1/37
null | Request Cap Rate

112 Erie St S
Massillon, OH 44646


HIGHLIGHTS

  • Ground Floor offers Nearly 6,000 sq. ft. of retail space featuring, 16 ft. ceilings, ideal for restaurant, hotel and others
  • Updated electric and New TPO roofs.
  • Historic architecture and history

OVERVIEW

“Transform a Historic Downtown Landmark – Own an Entire City Block in Massillon!” A once-in-a-lifetime redevelopment opportunity in the heart of downtown Massillon! The historic Bloomfield Building offers 20,608 sq. ft. of mixed-use space and is primed for retail, office, multifamily, or hospitality development. Listed at $700,000 (just $34 per sq. ft.), this property is a rare value-add investment in a growing downtown district. Built in 1900, this building was previously the home of Bloomfield’s, most known for creating the half sizes in women’s clothing. It features 3 stories, each filled with historic charm and incredible architecture. Each floor has been opened to expose the space and allow its new owner to visualize its potential. The 2nd and 3rd floors offer stunning wall to wall, full-length windows. Renderings have been created to turn this into apartments/ offices with a roof top patio and multiple business, restaurant and retail options for the street level storefronts. This building has new electric run throughout and the roof was replaced with a new TPO roof. The city recently replaced the concrete outside. The rest of the building will require a full buildout. The 1st floor could become a large restaurant or could be divided for multiple tenants. The owner is also selling 120-130 Erie st, which would offer the developer an opportunity to own the entire city block. This building contains the old masonic temple. Why This Opportunity Stands Out: Strong Market Demand: Downtown Massillon is experiencing revitalization, with rising rental rates and increased business investment. Nearby, the Walgreens-anchored building recently sold for over $400 per sq. ft., demonstrating the area’s strong appreciation potential. Versatile Development Potential: The property’s layout and zoning make it an excellent candidate for a hospitality venture, whether as a boutique hotel, short-term rental space, or a unique bed & breakfast. Flexible Financing & Use Options: Ideal for developers looking to create luxury lofts, high-end office space, or a mixed-use destination. Even Bigger Opportunity: The sale of 120-130 Erie St. is also available, allowing buyers to own an entire city block with over 50,000 sq. ft. of usable space. Potential Loan Assumption: Qualified buyers may have the opportunity to assume an existing land contract of $500,000 with a $4,500/month payment and a 10-year balloon. (Must purchase all three buildings - 112, 120, 130 Erie St.) With Massillon’s downtown resurgence, a project like this could generate significant long-term wealth. Bring your vision, secure incentives, and transform a historic landmark into a profitable development. Opportunities like this don’t last—contact us today to learn more!

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$89 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, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 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.