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Multi-Tenant Storefront Building
New
For Sale
$199,900

115-116 Washington Square & 105-107 E Mansfield St., Bucyrus, OH 44820

Three commercial occupants cover utilities, while the owner pays one water bill.

Property SizeContact for details
Days on Market2

Property Features for 115-116 Washington Square & 105-107 E Mansfield St.

General Information

Standard status Active
Property subtype Commercial

Additional Details

Cap Rate 9.6%

Building Details

Year Built 1910
Tenancy Multi
Listed By: Dream Huge Realty
Source: Dreamhuge.idxbroker
Added: Sep 26 Last Checked: Sep 26 at 3:14PM

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 Dream Huge Realty

Investment Insights

Based on property information with market context.

The storefront property at 115-116 Washington Square and 105-107 E Mansfield St. in Bucyrus was built in 1910 and has three commercial tenants. Its second floor remains unfinished and could accommodate an apartment or additional commercial space. Recent work includes a replacement rubber roof at 105 E Mansfield St., metal roof painting at 115 Washington Square in 2025, and east-side siding and flashing at 105 E Mansfield St. in 2026.

On-street parking is available, with a city parking lot immediately beside the property. Tenants pay all utilities except for one water bill, which is paid by the owner. The property is offered at a 9.6% cap rate.

Key Highlights

  • Three commercial tenants occupy the property
  • Unfinished second floor could be used for an apartment or commercial space
  • 1910 construction

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Gym & Fitness Center Furniture & Home Goods Daycare Center Cafe & Coffee Shop

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 37% Groceries 18% Electronics 1%
Kroger Groceries
24,058 visits/mo 0.2 miles
Wendy's Dining
14,393 visits/mo 0.2 miles
Taco Bell Dining
12,184 visits/mo 0.4 miles
Circle K Shops & Services
11,260 visits/mo 0.3 miles
Speedway Shops & Services
9,914 visits/mo 0.3 miles

Demographics for 44820, OH

17,114
Population
7,982
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
91%
High-School Grad
160.6 sq mi
ZIP Area
107
Density / Sq Mi
$56,942
Median Household Income
$38,073
Median Earnings
$742
Median Rent
$134,100
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
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Similar Off Market Nearby

  • Kroger Floral Department — 210 E Mary St, Bucyrus, OH 44820

Frequently Asked Questions

What type of property is this?
Storefront property - Three commercial occupants cover utilities, while the owner pays one water bill.
Where is this storefront property located?
The property is located at 115-116 Washington Square & 105-107 E Mansfield St. Bucyrus, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three commercial tenants occupy the property; Unfinished second floor could be used for an apartment or commercial space; 1910 construction
More about this property
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