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    Mansfield Commercial Building For Sale Title is generated by Realmo AI

    2250 Village Mall Dr., Mansfield, OH 44906

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    Claim this Listing
    Pending
    $389,900

    COMMERCIAL - Mansfield, OH

    Property size:
    3,632 SF
    Lot size:
    0.83 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    80
    Last Refresh:
    Jun 13 at 4:06 pm

    Property Features for 2250 Village Mall Dr.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    0386017512016
    Size
    3,632 SF
    Lot size
    0.83 Acres

    Taxes and HOA fees

    Tax Description
    ONTARIO VILLAGE 2230 SE PT 135.60 X 259.47 X
    Tax Annual Amount
    3329

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1995

    We can help!

    Listing Contact
    Joseph Dzugan
    Joseph Dzugan

    Listing agent Joseph Dzugan License #2005004867

    Listing office Dzugan Real Estate Services LLC 204 N Seltzer St., CRESTLINE, OH

    Listing date Mar 26, 2026

    MLS# 9072788

    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

    • High visibility location on a 0.82 acre lot.
    • Solid brick commercial building.
    • Reliable tenant in place providing immediate income.
    • Excellent accessibility.
    • Well maintained property.
    • Built in 1995.

    Overview

    This is a solid brick commercial building located in Mansfield, Ohio. The property is situated on a 0.82 acre lot in a high visibility location. The building has a total area of 3,632 square feet. The property is well maintained and currently has a tenant in place, providing immediate income for investors. The location offers excellent accessibility and exposure. The property is located in Richland County.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $52.3k $14.40
    − Vacancy −$2.2k −$0.60
    EGI $50.1k $13.80
    − OpEx −$15.0k −$4.14
    NOI $35.1k $9.66
    3,632 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $501.0K
    $438.4K – $584.6K (±1% cap)
    NOI $35,073 @ 7.0% cap · market cap 9.00%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $730.7K
    $639.4K – $852.5K (±1% cap)
    NOI $51,150 @ 7.0% cap · market cap 13.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Sam's Club Floral — 1070 N Lexington-Springmill Rd, Ontario, OH 44906

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.5952252
    Latitude
    40.775796

    FAQs

    What type of property is this?
    Storefront property - Commercial building on 0.82 acre lot with reliable tenant.
    Where is this storefront property located?
    The property is located at 2250 Village Mall Dr. Mansfield, OH.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: High visibility location on a 0.82 acre lot.; Solid brick commercial building.; Reliable tenant in place providing immediate income.
    More about this property
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