Property summary
This exceptional 39,637 square foot commercial property, located at 140 Mansfield Avenue, Shelby, Ohio 44875, presents a unique investment opportunity. Situated on a 1.94-acre lot (APN 046-08-068-02-000), this single-tenant building boasts a rich history as a former grocery store and retail center. Its versatile layout and ample space make it ideal for adaptive reuse, catering to a wide range of businesses. Imagine transforming this space into an indoor pickleball facility, a vibrant entertainment zone, creative office spaces, or a specialty retail establishment. The property's convenient location, near Mickey Rd., and abundant parking further enhance its appeal. The property comes with an existing carryout license and Sunday sales permit. This is a rare chance to acquire a substantial commercial property with significant upside potential in a desirable location. The property's size and adaptability offer a blank canvas for a creative entrepreneur seeking a distinctive and functional space. Don't miss this opportunity to own a piece of Shelby's commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Pharmacy
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Bank Loan Service
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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