For Sale
$395,000

191 Park AveMansfield, OH 44902

Prime Mansfield land, central business zoning, development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.83-acre commercial and residential land parcel presents a unique investment opportunity in Mansfield, Ohio. Located at 191 Park Ave W, this property boasts a highly desirable Central Business zoning designation, opening doors to a wide range of development possibilities. Envisioned uses include fast food establishments, office spaces, medical facilities, retail ventures, senior living communities, or multifamily residential projects. The site's strategic location offers excellent visibility and accessibility, with frontage on Park Avenue West, Sturges Avenue, and West 2nd Street. Its dimensions measure approximately 200 feet of frontage and 388 feet in depth. The property is situated just four blocks (0.3 miles) from OhioHealth Mansfield Hospital, providing convenient access to a significant population base. The asking price is $395,000, translating to a land value of $215,847 per acre. This rare large vacant site is ideally positioned to capitalize on the ongoing revitalization efforts within the area, making it an attractive proposition for discerning investors and developers seeking a prime location in a growing community. The Richland County address and 44902 zip code further enhance its appeal.

Highlights

  • Large vacant land parcel on Park Avenue West.
  • Significant area revitalization underway.
  • Centrally located CBD zoning.
  • Suitable for diverse uses: fast food, office, medical, retail, senior housing, and multifamily development.
  • 0.3 miles from OhioHealth Mansfield Hospital.
  • Multiple street access points: Park Avenue West, Sturges Avenue, and West 2nd Street.

Property Details for 191 Park Ave

Property type
Land
Lot Size (sq. ft)
79,715 SF

Location Insight

City
Mansfield
County
Richland
State
Ohio
Latitude
40.758366
Longitude
-82.522683
191 Park Ave, Mansfield, Ohio

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191 Park Ave
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