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$700,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
02/11/2025 11:08 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Massillon
MLS Listing ID 5099533
Construction Status Fixer
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,802
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Mixed Use
Property Description
“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. Property Highlights: -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. Why This Opportunity Stands Out: -Strong Market Demand: Downtown Massillon is experiencing revitalization, with rising rental rates and increased business investment. -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. -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.
Location
State OH
County Stark
Rooms
Basement Full, Concrete
Interior
Heating Electric
Fireplace No
Exterior
Fence None
Water Access Desc Public
Roof Type Membrane,Other
Present Use Vacant
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Fixer
Schools
School District Massillon Csd - 7609
Others
Tax ID 00608012
Special Listing Condition Standard
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Listed by Erin Thomas • Keller Williams Living • Erinthomas@kwcommercial.com 440-670-2300