3 results
Address
Asking Price
26-28 Park Ave. West
Mansfield, OH
Building Size:44,902SF
26 – 28 Park Avenue West, built in 1928, is in the Opportunity Zone for the downtown area of Mansfield, and a future owner could likely find success in applying for the historical credits classification. Numerous downtown buildings have achieved. It is suggested, perhaps half of the building stays office, (the bottom half, which is 4 – 5 stories), and the balance of the 12 stories would be suitably economic for conversion to residential. Recent conversions are seeing approximately $1.20/SF/Month rents for downtown apartments. This way the office revenue would keep coming in while conversion takes place. The downtown of Mansfield is gentrifying, and local government is generally very supportive of such proposals. THIS IS A CONFIDENTIAL OFFERING. TENANTS AND CUSTOMERS WILL NOT BE AWARE THESE PROPERTIES ARE FOR SALE. PLEASE DO NOT ENGAGE ANYONE ON THE PREMISES AT THE SUBJECT PROPERTIES AND LOCATIONS. SVN Wilson Commercial Group is pleased to offer this rare opportunity to purchase stabilized multi tenant investment properties in the Mansfield Ohio trade area of Central Ohio. Two single story office buildings, one 12 Story downtown historical office high rise, and one retail asset. This Historical asset can qualify for a tax credit from State of Ohio equal to 40% of improvement outlays. This opportunity is offered as a portfolio, for which reason portfolio offers will receive a preferential review by the seller. However, properties may be sold individually at seller’s discretion.
$1,341,000
80 South Main Street
80 S Main St
Mansfield, OH
Lot Size:0.33Acres
$200,000
408 South Diamond Street
408 S Diamond St
Mansfield, OH
Lot Size:0.14Acres
$130,000
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Market Stats
44902 has 6 commercial real estate spaces for lease, representing 167,123 sqft space. 9 buildings are available for sale.
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