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Fully Equipped Chinese Restaurant
For Sale
$985,000

1041 Park Ave W, Mansfield, OH 44906

Block-built restaurant property with fully equipped Chinese restaurant, four leaseable spaces, and 60+ parking spaces.

Property Size9,600 SF
Price / SF$102.60
Days on Market235

Property Features for 1041 Park Ave W

General Information

Standard status Active
Size 9,600 SF
Occupancy 75%

Site & Location

Traffic Count 19,000 vehicles/day
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $3,427

Building Details

Construction block
Tenancy Multi
Listing Agency: Red 1 Realty
Listed By: Michael Seveigny
Source: Exprealty
Added: Jan 13 Changed: Aug 31 Last Checked: Sep 4 at 1:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red 1 Realty

Investment Insights

Based on property information with market context.

Fully equipped Chinese restaurant within an all-block building featuring four different leaseable spaces, with three currently leased. The property is offered for sale with the existing restaurant setup in place.

The building sits on 260 feet of road frontage, providing visibility along a busy retail corridor with nearly 19,000 cars passing by daily, according to the provided remarks. Parking is available with more than 60 spaces, and a billboard is included with no current lease in place.

This configuration supports a straightforward multi-space ownership structure, combining an operating restaurant with additional leased space and an unleased billboard component.

Key Highlights

  • Fully equipped Chinese restaurant property available for lease on Mansfield’s “Miricle Mile” retail district
  • Block‑built building with 4 different leaseable spaces; 3 are currently fully leased
  • Over 60 parking spaces plus 260 ft 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
Yes
Highway access
Yes
Paved road 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 - Block-built restaurant property with fully equipped Chinese restaurant, four leaseable spaces, and 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: Fully equipped Chinese restaurant property available for lease on Mansfield’s “Miricle Mile” retail district; Block‑built building with 4 different leaseable spaces; 3 are currently fully leased; Over 60 parking spaces plus 260 ft of road frontage
More about this property
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