Established Turnkey Lounge in
451 Grace Street, Mansfield, OH 44905
Commercial - Mansfield, OH
Property size:
1,263 SFLot size:
0.37 AcresPrice / SF:
$142/SF- Added:
- Apr 7, 2026
- Days on Market:
- 40
- Last Refresh:
- May 16 at 4:06 pm
Property Features for 451 Grace Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0270507901000, 0270507818000 see remarks
- Size
- 1,263 SF
- Lot size
- 0.37 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1952
- Flooring type
- Other
- Roof type
- Other
- Architectural style
- Other
Listing agent Courtney Bradley (419) 543-8305
Listing office Sluss Realty 1641 Park Avenue West, OH (419) 529-3047
Listing date Apr 7, 2026
MLS# 9069120
Listing URL
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.
HighLights
- Turnkey business opportunity with 17 years of successful operation.
- Transferable liquor license included with the sale.
- Recent updates include new furnace and A/C (2024), new toilets and sinks, and new carpet.
- Open layout ideal for seating and entertainment with a dedicated bar area.
- Basement provides valuable storage or expansion options.
- Security system included for business protection.
Overview
The Greystone Lounge is a long-standing commercial establishment featuring an open layout suitable for seating and entertainment. A dedicated bar area is ready to serve guests. Public restrooms are available for customer convenience. The property includes a basement that offers storage or expansion possibilities. Recent updates include a new furnace and air conditioning system installed in 2024, along with new toilets and sinks in the bathrooms, and new carpet throughout. The coolers were replaced a year ago. The parking lot pavement has been filled and restriped. The property also features new bar stools and updated lights on the front porch. A Vector Security System is included. The business has been successfully operated for 17 years under the current owner. The liquor license is transferable with the sale. The property is located in Mansfield, OH, in Richland County, and has a lot size of 0.37 acres. The building size is 1263 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Greystone Lounge, llc
Bar & Pub
Similar Places Nearby
- Soundwave Entertainment — 526 acker dr, mansfield, oh 44905
- Lew's Tavern, llc — 1188 Park Ave E, Mansfield, OH 44905
- Buckeye Billiards Sports Bar — 950 Ashland Rd, Mansfield, OH 44905
- Greystone Lounge, llc — 451 Grace St, Mansfield, OH 44905
- Shag-A-Lee's — 381 Ashland Rd, Mansfield, OH 44905
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.4986905
- Latitude
- 40.7702561
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Turnkey lounge with recent updates and transferable liquor license.
Where is this bar & pub located?
The property is located at 451 Grace Street Mansfield, OH.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Turnkey business opportunity with 17 years of successful operation.; Transferable liquor license included with the sale.; Recent updates include new furnace and A/C (2024), new toilets and sinks, and new carpet.
