• 2250 Stumbo Rd, Ontario, OH 44906

For Sale

Retail

For Sale

This property is available for sale
2.3
Acres
$1,050,000
Sale Price
  • Year Built
    1981
  • Total Building Size
    32,000 RSF
  • 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.

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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 Type
    Retail
  • Year Built
    1981
  • Sale Price
    $1,050,000
  • Total Building Size
    32,000RSF
  • Total Acres
    2.3
  • Sale Status
    Available
  • Property ID
    2166532

Landlord's Sales Representative

  • Doug Wilson
    Sperry Van Ness