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Fully Equipped Chinese Restaurant
For Sale
$985,000

1041 Park Ave. W, Mansfield, OH 44906

COMMERCIAL - Mansfield, OH

Property SizeContact for details
Lot Size1.07 Acres
Days on Market229

Property Features for 1041 Park Ave. W

General Information

Property type Commercial Sale
Property subtype Other
Directions Park Ave West, Just West of Trimble Rd.
Subdivision Richland
Standard status Active
APN 0270206210000, 0270208711000, 0270208712
Lot size 1.07 Acres

Taxes and HOA fees

Tax Description 8829 W PT 102 X 185 X 1041 PARK AVE WEST
Tax Annual Amount 3427
Legal Description 8829 W PT 102 X 185 X 1041 PARK AVE WEST

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1980
Roof type Built-Up
Listing Agency: Red 1 Realty
Listed By: Michael Seveigny
Added: Jan 13 Changed: Aug 4 Last Checked: Aug 30 at 7:06PM
MLS# 9070263

Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property features an all-block building with four different leaseable spaces, with three currently fully leased. One space is described as a fully equipped Chinese restaurant.

The building is located on “Miricle Mile” in the heart of Mansfield’s retail district, and the remarks note it is just minutes from Downtown Mansfield, I-71, State Route 30, State Route 13, and Mansfield Airport. The property provides over 60 parking spaces and approximately 260 feet of road frontage.

The offering also includes a billboard, and the remarks state the billboard currently has no lease, allowing a new owner to negotiate a new lease for immediate income.

Key Highlights

  • Property offered for lease: fully equipped Chinese restaurant
  • Block building with 4 different leaseable spaces; 3 spaces currently leased
  • Over 60 parking spaces and 260' of road frontage

Property Analytics

Current Use

Empress Express Restaurant Med Gear Plus Production Facility Smokin Bros BBQ ... Restaurant dwewr44 Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Electrical Service HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,000 VPD
Traffic count
75%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44906, OH

16,566
Population
8,613
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
19.5 sq mi
ZIP Area
850
Density / Sq Mi
$51,358
Median Household Income
$36,087
Median Earnings
$783
Median Rent
$127,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - All-block building with four leaseable spaces, including a fully equipped Chinese restaurant and over 60 parking spaces.
Where is this conventional restaurant located?
The property is located at 1041 Park Ave. W Mansfield, OH.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Property offered for lease: fully equipped Chinese restaurant; Block building with 4 different leaseable spaces; 3 spaces currently leased; Over 60 parking spaces and 260' of road frontage
More about this property
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