For Sale
$350,000

78 Lexington AveMansfield, OH 44907

Prime .56-acre commercial site, 5 parcels

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Mansfield, Ohio property presents a unique redevelopment opportunity encompassing a total of 5 parcels totaling 0.56 acres. Strategically located on the corner of Lexington and Mulberry/Mendota Avenues, this site boasts multiple access points and high visibility. The main building at 78 Lexington Avenue offers 3,070 square feet of former retail space, while the adjacent 74 Lexington Avenue building comprises 4,138 square feet, previously occupied by a florist. Three additional parcels behind the florist building include a two-car block garage. The property is zoned B1 (Neighborhood Business District), making it ideal for retail development. With a daily traffic count of 9,000-11,000 vehicles (per MORPC), this location offers unparalleled exposure. The asking price of $350,000 includes all five parcels and existing improvements, sold as-is, where-is. The property features a total building square footage of 7,208 square feet, with 3 units, built in 1950, and sits on a 6,098.4 square foot lot. Currently vacant, this site presents a rare chance to capitalize on a high-traffic location in a thriving business district. The property is situated near a Dollar General, further enhancing its commercial viability.

Highlights

  • 0.56-acre Mansfield, Ohio redevelopment opportunity, comprising five parcels on a high-traffic corner (Lexington & Mulberry/Mendota Aves).
  • Two main buildings totaling 7,208 square feet of former retail/florist space (3,070 SF & 4,138 SF respectively), plus a two-car garage on three additional parcels.
  • B1 (Neighborhood Business District) zoning ideal for retail.
  • High visibility location with 9,000-11,000 vehicles daily.
  • $350,000 asking price includes all five parcels and existing improvements, as-is, where-is.

Property Details for 78 Lexington Ave

Property type
Specialty properties
Square Feet
7,208 SF
Year Built
1950
Units
3

Location Insight

City
Mansfield
County
Richland
State
Ohio
Latitude
40.7510022
Longitude
-82.518231
78 Lexington Ave, Mansfield, Ohio

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78 Lexington Ave
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