1 Marion AveMansfield, OH 44903

Property Details for 1 Marion Ave

Year built

1974

Lot size

0.64 AC

Property size (Sq ft)

33,051 SF

Property type

Office buildings

APN

027-01-104-05-000

APU

270110405000

Description

This exceptional 545-square-foot office suite, located within the Marion 1 Building in the vicinity of downtown Mansfield, Ohio, presents a fantastic opportunity for businesses seeking a convenient and functional workspace. Situated in a three-story, 27,768-square-foot Class C building constructed in 1974, this single-tenant space offers two distinct rooms, ideal for a reception area and private office or other configurations to suit your needs. The suite benefits from readily accessible men's and women's restrooms located nearby. The building itself sits on a 0.637-acre lot and includes elevators for convenient access to all three floors. This property is perfect for a small business or individual professional seeking a well-located, private office space. The suite's layout provides flexibility for various business configurations, allowing you to tailor the space to your specific operational requirements. The convenient location near downtown Mansfield offers easy access to local amenities and transportation networks. This is a rare opportunity to secure a well-maintained office space in a desirable location. The building's features, including elevators, contribute to a comfortable and efficient work environment. Don't miss this chance to establish your business in this attractive and functional office suite.

• CAP approach

  CAP return

  Valuation

  6%

  $6,239,942

  6.5%

  $5,759,946

  7%

  $5,348,521

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,091,590

  Geo Method

  $3,091,590

• Alternative Use

  Use

  Valuation

  Residential

  $7,142,333

  Hospitality

  $6,542,338

  Educational

  $5,443,149

  Medical

  $5,630,347

  Retail

  $8,467,120

Location Insight

City

Mansfield

County

Richland

State

Ohio

Latitude

40.7584

Longitude

-82.5237

CBSA code

31900

CBSA name

MANSFIELD, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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