1157 Park Ave Mansfield, OH 44906
Value-Add Retail Center, High Growth Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- 157,478 SF value-add community center in Mansfield, OH (Mansfield MSA: 125,000 people).
- $15/SF below replacement cost; potential for conversion or redevelopment.
- $31,000 NOI freestanding NNN Little Caesars included (approx. $500,000 value); re-plat and sell opportunity.
- Across from Kroger; within 10-13 minutes of two other Kroger stores.
- 1.75 miles to the only Walmart in Mansfield.
- 13,242 VPD on Park Ave W; 1,140 feet of frontage; three entry points, one traffic signal.
Property Details for 1157 Park Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 157,478 SF
- Year Built/Renovated
- 1956/1984
- Stories
- 1
- Lot Size (sq. ft)
- 757,944 SF
- Units
- 36
Location Insight
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Latitude
- 40.7581879
- Longitude
- -82.559347
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Value-Add Retail Center, High Growth Potential
- Where is the lifestyle center located?
- The property is located at 1157 Park Ave Mansfield, OH.
- What is the asking price?
- The asking price for this property is $2,350,000.
- What are key features of this property?
- This property features: 157,478 SF value-add community center in Mansfield, OH (Mansfield MSA: 125,000 people).; $15/SF below replacement cost; potential for conversion or redevelopment.; $31,000 NOI freestanding NNN Little Caesars included (approx. $500,000 value); re-plat and sell opportunity.
- How can I contact the broker?
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