For Sale
$135,000

102 5Th StMansfield, OH 44902

10,392 SF Warehouse, Office Space, $135K

Overview

Added:
Dec 11, 2024
Days on market:
115
This 10,392-square-foot mixed-use building presents a compelling redevelopment opportunity in Mansfield, Ohio. Located at 102 E 5th St, this Class C property boasts a prime location within an I-1 zoned area, offering excellent visibility and accessibility. Built in 1941, the structure currently features a 50% occupancy rate with an existing tenant occupying a portion of the space. The building's layout includes two offices, a restroom, a showroom area, and substantial storage space. The property's single tenancy simplifies management and offers potential for significant value enhancement through renovation and lease-up. Its strategic location provides easy access to Route 30 bypass, ensuring convenient transportation links. The property is offered at an attractive asking price of $135,000, making it an ideal investment for owner-users seeking a redevelopment project with strong potential for return. The Richland County location and the 0270505801000 APN number further identify this unique property. This is a single-tenant, owner-user investment opportunity categorized as redevelopment. The property's zoning and location make it suitable for a variety of uses.

Highlights

  • $135,000 asking price.
  • 10,392 square foot industrial building with mixed-use zoning (I-1).
  • 50% occupancy with existing tenant.
  • Features include two offices, restroom, showroom, and storage space.
  • Convenient access to Route 30 bypass.
  • Built in 1941, Class C property.

Property Details for 102 5Th St

Property type
Warehouses, Office properties
Square Feet
10,392 SF
Class
C
Year Built
1941

Location Insight

City
Mansfield
County
Richland
State
Ohio
Latitude
40.7626
Longitude
-82.5118575
102 5Th St, Mansfield, Ohio

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102 5Th St
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