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Warehouse Space with Refrigeration + Freezer 430 6th St SE 61,000 SF Vacant Industrial Building Online Auction Sale Canton, OH 44702
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- Spacious industrial warehouse available in a prime Canton, Ohio location, supporting effective logistics.
- Perched in an industrial-dense area with many synergistic local tenants and quick access to the Akron-Canton Airport.
- Canton is a well-established community with a predominance of owner-occupied residences and a workforce exceeding 136,000 employees within 10-miles.
- Located near the Route 30 and Ohio 43 interchange, close to Cleveland, Pittsburgh, and Columbus for convenient operations.
- Retailers, restaurants, and conveniences are all within a quick drive including Wendy’s, Walgreens, Walmart Supercenter, Chipotle, and more.
EXECUTIVE SUMMARY
Situated in Canton, Ohio, this industrial facility stands out with its distinctive features and dynamic character.
430 6th Street SE is available for investors or owner/users looking for a versatile property that meets a variety of business requirements. The single-story building spans 61,000 square feet and was constructed in phases from 1911 through 1978, blending a historic building with modern functionality. This warehouse includes 4,830 square feet of refrigerated space and 12,350 square feet dedicated to freezer storage. Set on 2.75 acres, the site offers ample parking for trucks and tenants. Inside, ceiling heights are up to 20-feet high and create an open atmosphere, while the exterior features 11 refrigerated docks designed for efficient loading and unloading. The facility is equipped with 1,200 amps of electrical power and is zoned B-5 in Canton, making it suitable for a wide range of industrial activities.
Canton, Ohio offers several logistical features suitable for different types of buyers. The city is located at the intersection of major highways, including Interstate 77 and U.S. Route 30, which allows access to over half of the U.S. population within a day’s drive by truck. The Akron-Canton Regional Airport (CAK) provides additional options for air freight transportation. This particular site is close to various amenities and retailers, such as McDonald’s, Baker’s Café, Dunkin’, Dominos Pizza, and others. Demographic data for the surrounding area lend itself to a strong presence of an established workforce with experience in manufacturing.
The Canton industrial market comprises approximately 54.5 million square feet of total inventory. While the city maintains a diversified economy, manufacturing and industrial sectors continue to represent a significant portion of local industry. As part of the greater Akron market, this property enjoys considerable advantages.
Property tours are available by appointment only. Please contact the listing broker to schedule.
430 6th Street SE is available for investors or owner/users looking for a versatile property that meets a variety of business requirements. The single-story building spans 61,000 square feet and was constructed in phases from 1911 through 1978, blending a historic building with modern functionality. This warehouse includes 4,830 square feet of refrigerated space and 12,350 square feet dedicated to freezer storage. Set on 2.75 acres, the site offers ample parking for trucks and tenants. Inside, ceiling heights are up to 20-feet high and create an open atmosphere, while the exterior features 11 refrigerated docks designed for efficient loading and unloading. The facility is equipped with 1,200 amps of electrical power and is zoned B-5 in Canton, making it suitable for a wide range of industrial activities.
Canton, Ohio offers several logistical features suitable for different types of buyers. The city is located at the intersection of major highways, including Interstate 77 and U.S. Route 30, which allows access to over half of the U.S. population within a day’s drive by truck. The Akron-Canton Regional Airport (CAK) provides additional options for air freight transportation. This particular site is close to various amenities and retailers, such as McDonald’s, Baker’s Café, Dunkin’, Dominos Pizza, and others. Demographic data for the surrounding area lend itself to a strong presence of an established workforce with experience in manufacturing.
The Canton industrial market comprises approximately 54.5 million square feet of total inventory. While the city maintains a diversified economy, manufacturing and industrial sectors continue to represent a significant portion of local industry. As part of the greater Akron market, this property enjoys considerable advantages.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOURS
3D Exterior
/2
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Cooler
- Front Loading
- Mezzanine
- Security System
- Signage
- Reception
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Breakroom
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
ABOUT STARK COUNTY
Stark County is among the 10 most populous counties in Ohio and is home to more than 370,000 residents. Manufacturing and education and health services represent the top industries in the area. Major employers include Alliance Community Hospital, Stark State College, and Heinz North America. The area is accessible via Interstate 77 and is home to the Akron-Canton Airport, which recently received a $1.1 million grant from the Federal Aviation Administration that will go towards infrastructure projects.
Stark County includes some of the most sought-after suburbs in the Canton metro area, including North Canton, Greentown, and Uniontown. The area is perhaps best known as the home of the Pro Football Hall of Fame, which attracts around 200,000 visitors annually. A $900 million mixed-use expansion is underway at the Hall of Fame and includes two hotels, an indoor waterpark, an office complex, a convention center, and a retail promenade.
The Canton area is a strategic industrial market and provides tenants with access to Ohio’s growing advanced manufacturing sector at a more affordable rate compared to neighboring markets such as Akron and Cleveland. Stark County captures the majority of leases in the market, with tenants including Synchrony Financial, McKinley Health Care Center, and Mac Trailer Manufacturing. Investors are active in the area, and annual sales volume has maintained elevated levels over recent years.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
123
2 h 27 m
Indianapolis
867,125
301
5 h 45 m
Chicago
2,705,994
393
7 h 21 m
Philadelphia
1,584,138
399
7 h 48 m
New York
8,398,748
447
8 h 35 m
Charlotte
872,498
455
8 h 27 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
280,732
Total Labor Force
141,653
Unemployment Rate
4.54%
Median Household Income
$57,992
Warehouse Employees
30,372
High School Education Or Higher
92.80%
$ values in USD
SALE ADVISORS
SALE ADVISORS
Steve Lazarides, Vice President
Steve Lazarides is a Vice President with CBRE's Industrial and Logistics Advisory & Transaction Services. With over 20 years of commercial real estate experience, he has represented clients across the spectrum, including landlords and tenants in lease transactions and buyers and sellers of commercial properties. Now specializing in office and industrial property assignments, Steve has listing responsibility for well over 1M square feet of space, and an exciting pipeline of pending deals in both channels.
Prior to joining CBRE, Steve was associated with Tom Jackson Commercial Realty in Canton, where he was consistently ranked as “Top Producer”. Specializing in office lease and sales, as well as disposition of multi-family properties, he was instrumental in the leasing of tens of thousands of square feet in commercial space as well as the sale of nearly 1,000 apartment units.
Before going into commercial real estate, Steve served for several years as Export Sales Manager for an Ohio-based manufacturer of cutting tools. His responsibilities required him to spend quite a bit of time overseas.
Prior to joining CBRE, Steve was associated with Tom Jackson Commercial Realty in Canton, where he was consistently ranked as “Top Producer”. Specializing in office lease and sales, as well as disposition of multi-family properties, he was instrumental in the leasing of tens of thousands of square feet in commercial space as well as the sale of nearly 1,000 apartment units.
Before going into commercial real estate, Steve served for several years as Export Sales Manager for an Ohio-based manufacturer of cutting tools. His responsibilities required him to spend quite a bit of time overseas.
Dean Bacopoulos, Vice President
Dean Bacopoulos is a Senior Associate with CBRE’s Industrial and Logistics Advisory & Transaction Services. His primary focus is working as a tenant advisor in the site selection and lease negotiation process. In addition, he also has responsibilities including the acquisition and disposition of major industrial/office facilities and tenant representation assignments.
Dean has successfully represented global clients for over 19 years with extensive experience in a broad assortment of transactions including sales and leasing of industrial, office, and multi-family properties, sale-lease-backs, lease extensions and negotiations. Dean provides clients with significant experience in commercial real estate and the added value of over 25 years of business acumen.
Dean began his commercial real estate career with Tom Jackson Commercial Realty in 2001, representing several key tenant accounts for the firm, as well as being responsible for the firm's landlord representation portfolio.
Dean has successfully represented global clients for over 19 years with extensive experience in a broad assortment of transactions including sales and leasing of industrial, office, and multi-family properties, sale-lease-backs, lease extensions and negotiations. Dean provides clients with significant experience in commercial real estate and the added value of over 25 years of business acumen.
Dean began his commercial real estate career with Tom Jackson Commercial Realty in 2001, representing several key tenant accounts for the firm, as well as being responsible for the firm's landlord representation portfolio.
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Taylor Cunningham
Contact
Auctioneer License:
Ten-X Commercial, LLC Samantha Corbat RE Brkr REC.2019003563; Ohio Department of Agriculture- Auctioneer Program: Ten-X Commercial, Inc. (Ten-X, Inc.) Auctioneer Corporation 2022000147 Samantha Corbat Auctioneer 2023000126
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MATTERPORT 3D EXTERIOR
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STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Warehouse Space with Refrigeration + Freezer | 430 6th St SE
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