Massillon Center

For Sale

59 Lincoln Way E., Massillon, OH 44646

This Massillon property for sale is located at 59 Lincoln Way E.. The current listed sale price for Massillon Center is $4,000,000.

Contacts

broker

Colin Soltis

GREA

(248) 800-0150

Property Details

GREA is pleased to present Massillon Center Apartments. This midrise building features 66 one bedroom apartments and two fully rented first floor commercial spaces. Tenants enjoy many high end amenities including, vaulted ceilings, central A/C, on-site laundry, and an on-site gym. The property also features several bonus rooms which have recently been approved to rent out as office space. The current owner has recently completed several large capex projects including a new roof in 2023, new flooring in the common areas, and new HVAC in most units. Rents are significantly below market, and the current owner has proven rent premiums of $100+ through unit renovations.  


Broker of Record - OH: Scott Cichon BRK.2013003180

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Highlights

  • Individual furnaces and central AC
  • Ample closet space
  • Multiple on-site laundry areas providing additional income
  • New roof and on-site gym in 2023
  • New flooring in common areas 2022-23
  • New HVAC in most units
  • High occupancy with below market rents and proven rent growth potential
  • Some units have been renovated with LVT flooring, new fixtures, and updates to cabinets and countertops resulting in significant rent improvement

Getting around

  • 80/100

    Walk Score ®

  • 68/100

    Bike Score ®

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Location

  • City Massillon, OH
  • Zip Code 44646
  • Market Cleveland Akron

Points of Interest

  • Speedway

    0.41 miles

  • Marathon

    0.46 miles

  • Speedway

    0.55 miles

  • Sunco Gas Station

    0.89 miles

  • GetGo

    1.41 miles

  • Marathon

    2.01 miles

  • Speedway

    2.98 miles

  • Marathon Truck Diesel

    3.30 miles

  • Speedway Truck Diesel

    3.30 miles

  • Marathon

    3.31 miles

  • Hospital Parking

    0.77 miles

  • Spring Hill Historic Home Parking

    1.37 miles

  • Towpath Court Trailhead Parking Lot

    1.41 miles

  • Genschaft Park Public Parking

    2.06 miles

  • Bridgeport Quarry Trailhead Parking Lot

    2.49 miles

  • Menards Parking

    2.78 miles

  • Forty Corners Trailhead Parking Lot

    3.12 miles

  • Crystal Springs Trailhead Parking Lot

    3.60 miles

  • Marc's Parking Lot

    3.90 miles

  • School Bus Parking

    4.24 miles

  • Hampton Inn

    0.10 miles

  • The Bertram Inn at Glenmoor

    4.32 miles

  • Ramada Canton/Hall of Fame

    5.78 miles

  • Holiday Inn Canton (Belden Village)

    6.29 miles

  • Red Roof Inn

    6.33 miles

  • Magnuson Hotel Extended Stay Canton

    6.63 miles

  • Quality Inn

    6.68 miles

  • Knights Inn Canton

    6.72 miles

  • Knights Inn Canton

    6.75 miles

  • Courtyard Canton

    6.75 miles

  • Save-A-Lot

    0.29 miles

  • Valley Trucking Services

    0.34 miles

  • Fastmetals

    0.34 miles

  • ABP Induction

    0.35 miles

  • Valley Equipment Service

    0.35 miles

  • Hydro Dyne

    0.36 miles

  • Ruegg Mfg.

    0.37 miles

  • Lykins Energy Solutions

    0.41 miles

  • Riggs Elite Wrestling Club

    0.41 miles

  • LYNN

    0.56 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Colin Soltis

GREA

(248) 800-0150