For Sale
$899,000

112 Mansfield StBucyrus, OH 44820

Profitable Multi-Unit Property with Bar

Overview

Added:
Feb 3
Days on market:
60
This exceptional investment opportunity presents a unique blend of history and modern updates. Located at 112 W Mansfield St, Bucyrus, OH, this property boasts 45 rentable rooms, with over half currently occupied, ensuring immediate cash flow. The building's rich history as Al Capone's former hideout adds significant character and appeal. Recent renovations include a new roof (installed in 2023) and upgraded electrical systems, demonstrating a commitment to both preservation and functionality. The property also features a large, fenced outdoor patio, perfect for tenant gatherings or outdoor events. Inside, you'll find a well-equipped pool room and a kitchen area currently serving a popular breakfast menu, offering further revenue streams. The original lobby retains the charm of its boarding house origins, adding to the property's unique ambiance. The property includes valuable D5 & D6 liquor licenses and vendor licenses, providing significant operational advantages. This turnkey operation offers a rare chance to acquire a profitable, historically significant multi-unit property with established income and significant upside potential. Note that no environmental tests have been conducted. The property is offered at $899,000. This is a truly remarkable opportunity for a savvy investor seeking a high-return, historically significant asset.

Property Details for 112 Mansfield St

Property type
Apartment buildings
Year Built
1916

Location Insight

City
Bucyrus
County
Crawford County
State
Ohio
Latitude
40.80889
Longitude
-82.97679
112 Mansfield St, Bucyrus, Ohio

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112 Mansfield St
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