For Sale
For Sale
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Year Built
1981
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Total Building Size
32,000 RSF
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Overview
Mansfield Ontario is about 50 miles north of Columbus, Ohio and is considered to be a part of the 12 County Columbus MSA (estimated 2.4 million).Formerly a part of Ohio industrial heartland, this area is rebounding with service and distribution industries.As an opportunity irony, the dearth of new construction makes for a relative shortage of commercial properties, while still having a large population in place (approximately 200,000). A 32,000 SF mixed use, multi tenant commercial property located in Mansfield (Columbus MSA). Property has a highly diverse tenant mix providing life style services. The property is 96% occupied, which results in an annual NOI of $114,090. At the asking price $1,050,000 this is a 11% cap rate.
Property Details
2250 Stumbo Road Commerce Center
Mansfield Ontario is about 50 miles north of Columbus, Ohio and is considered to be a part of the 12 County Columbus MSA (estimated 2.4 million).Formerly a part of Ohio industrial heartland, this area is rebounding with service and distribution industries.As an opportunity irony, the dearth of new construction makes for a relative shortage of commercial properties, while still having a large population in place (approximately 200,000). A 32,000 SF mixed use, multi tenant commercial property located in Mansfield (Columbus MSA). Property has a highly diverse tenant mix providing life style services. The property is 96% occupied, which results in an annual NOI of $114,090. At the asking price $1,050,000 this is a 11% cap rate.
- Property TypeRetail
- Year Built1981
- Sale Price$1,050,000
- Total Building Size32,000RSF
- Total Acres2.3
- Sale StatusAvailable
- Property ID2166532