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COMMERCIAL REAL ESTATE AUCTION - Thurs. July 2nd @ 12pm. Great Opportunity to purchase a successful operating Restaurant in the Heart of Cantons downtown restaurant and arts district. The Culture Lounge is a fully operational and functioning restaurant, complete with large open dining area, outdoor covered patio, liquor license, also located within Canton's DORA (Designated Outdoor Refreshment Area) district. The offering is for the Real Estate, Business, Equipment/Inventory, and Liquor License. All restaurant equipment and inventory are newer and in good working order?ready to open and continue operations immediately. This property has been completely renovated down to the studs. What a great opportunity to purchase for those looking to be owner-operators, investors, or entrepreneurs seeking a unique, income-producing asset in a growing community. This property is located on the Pro Football Hall of Fame parade route and Canton's First Fridays will pay all the bill for the month. Don't wait!, take advantage of this Income-generating investment property with multiple revenue streams. Bidding to be live and onsite w/online bidding available. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.
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| City: Canton | Property Type: Commercial - Business | |
| Subdivision: Canton | Lot Size: 0.15 Acres | |
| School District: Canton City | Taxes: $7,335 | |
| Status: Active | Year Built: 1982 | |
| MLS#: 5213054 |
| Property Type: Commercial - Business | Parcel#: 00205210 | |
| Basement: Full, Unfinished | Parking: Parking Lot, On Street | |
| Basement: Yes | Patio/Porch: Patio | |
| Building Features: Private Restrooms, Sign(s) | Security: Fire Alarm | |
| Cooling: Central Air | Sewer: Public Sewer | |
| Days on Site: 13 | Taxes: $7,335 | |
| Heating: Forced Air, Gas | Water: Public | |
| Lot Size: 0.15 Acres | Year Built: 1982 |
| School District: Canton City |
Listed By
Agency Name: Keller Williams Legacy Group Realty
Agency Contact: jdutton3@kw.com, 330-879-5000
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
| Fips |
| Fips Code39151 |
| Population |
| 2020 to 2025 Changedown 0.3% |
| 2010 Count375,586 |
| 2020 Count374,853 |
| 2025 Estimate (V2025)373,771 |
| 2020 Estimate (V2025)374,864 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1721.3% |
| 18 to 6452.1% |
| 65 and Older21.4% |
| Gender |
| Male48.9% |
| Female51.1% |
| Place of Birth |
| Foreign2.2% |
| US97.8% |
| Education |
| High School Graduate, Age 25+93.2% |
| Bachelor's Degree or Higher, Age 25+25.9% |
| Computer and Internet use |
| Households with a computer94.1% |
| Households with a broadband Internet subscription87.4% |
| Language |
| English is Second Language, Age 5+3.1% |
| English is First Language, Age 5+96.9% |
| Veterans |
| Veterans20,943 |
| Income |
| Per Capita Income$36,762 |
| Median Household Income$67,934 |
| People in Poverty12.4% |
| Commute |
| Average Work Commute Time22 minutes |
| Housing |
| Total Housing Units167,998 |
| Households155,955 |
| Average Household Size2.35 |
| Owner-Occupied69.2% |
| Multi-Family20.0% |
| Owner-Occupied Median Value$186,400 |
| Median selected monthly owner costs -with a mortgage$1,336 |
| Median selected monthly owner costs -without a mortgage$516 |
| Median gross rent$909 |
| Building Permits |
| New Private Housing Issued 2024528 |
| Years at Residence |
| 1 Year or More90.4% |
| Less Than 1 Year9.6% |
| Business and Employment |
| Private non-farm Establishments8,181 |
| Private non-farm Employment139,706 |
| Private non-farm Employment Growthdown 2.9% |
| Nonemployer Establishments28,377 |
| Number of Firms6,052 |
| Business Production |
| Value of Shipments$11,181,630,000 |
| Wholesale Trade$3,874,927,000 |
| Retail Trade$5,377,131,000 |
| Retail Sales Per Capita$14,219 |
| Accommodation and Food Services$745,822,000 |
| Land |
| Land Area575.27 sq. miles |
| Population Per Square Mile653 |