Remarks

** MOTIVATED SELLER, HUGE PRICE DROP** 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. - BEING SOLD WITH 120-130 Erie St. offering buyers an entire city block with over 50,000 sq. ft. of usable space for less then $20/sq ft!

Details

MLS#: 5099533
Price: $499,999

Style: CommercialSale
Baths Half: 0
Sq Ft: 0
Year Built: 1900

County: Stark
Subdivision: Massillon
Tax Fee: 4802