1376 Ashland RdMansfield, OH 44905

Property Details for 1376 Ashland Rd

Lot size

5.77 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 5.77-acre commercial land parcel presents a unique redevelopment opportunity in Mansfield, Ohio. Located at 1376-1378 Ashland Road, the property boasts a prime location with high visibility and significant traffic volume. Ashland Road and North McElroy Road see a combined daily traffic count of 15,800 vehicles. The site is zoned B-3 Heavy Highway, allowing for a variety of uses including retail, industrial, and multi-family developments. Currently on the site is a 1,532 square foot commercial structure built in 1960 with a wood frame. This existing structure features 10 surface parking spaces and 132 feet of frontage on Ashland Road, complete with two curb cuts for convenient access. The property is situated within the Richland County submarket and offers significant potential for investors and developers seeking a high-traffic location with flexible zoning. Please note a deed restriction prohibits the development of gas stations or convenience stores. The asking price for this remarkable opportunity is $575,000. This is a rare chance to acquire a substantial commercial property in a thriving area with excellent potential for future growth and development. The property's size, zoning, and location make it an ideal investment for a wide range of commercial ventures.

Location Insight

City

Mansfield

County

Richland

State

Ohio

Latitude

40.7829

Longitude

-82.4641

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