245 Fourth Street, Mansfield, OH 44903

Building Details

Year built

1900

Building materials

Vinyl Siding

Listing agent Tyler Amos Show Phone

Listing office Dream Huge Realty p***@dreamhuge.com 1336 Park Ave W, Mansfield, OH Show Phone

Listing date Mar 25, 2026

Report an issue

MLS# 9072780 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.

---

Overview

This mixed-use property combines multi-family and commercial components, presenting a flexible platform for an investor or owner-operator looking to reposition the asset. The seller notes that several updates have already been completed in the last couple of years, including a roof, some plumbing, two new water heaters, newer electrical, a new gas line for the stove, and a new water line for the property. The remaining areas are described as ready for further improvements.

The property is located at 245 Fourth Street in Mansfield, Ohio 44903, within the Mansfield City School district. The site sits on approximately 0.2438 acres, providing a compact, city-based footprint suited for buyers seeking a manageable parcel to renovate and operate.

For investors, this offering may fit a plan to complete the remaining work and bring both the residential and commercial portions back to full operating condition. Because the property already has documented updates to key building systems, buyers can focus their efforts on the remaining scope needed to stabilize and refresh the units and commercial spaces. Bring your vision and budget to finish the improvements and tailor the configuration to your intended use.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

• Map
• Local Demand

City

Mansfield

County

Richland

State

Ohio

Longitude

-82.5058479

Latitude

40.762729

Nearby Similar for Sale

• 

  $550,000

  14,938 SF

  Mansfield Redevelopment Opportunity on Park

  Prime commercial land for redevelopment with income potential.

  788 Park Ave W, Mansfield, OH 44906

  View Details
• 

  $1,300,000

  35,410 SF

  Mansfield Redevelopment Opportunity

  Multi-parcel commercial redevelopment with income potential in Mansfield, OH.

  788800 Park Ave W, Mansfield, OH 44906

  View Details
• 

  $985,000

  9,600 SF

  Mansfield Retail Landmark For Sale

  Fully equipped restaurant and retail spaces in prime location.

  1041 Park Ave. W, Mansfield, OH 44906

  View Details
• 

  $750,000

  20,472 SF

  Commercial Land Redevelopment Opportunity

  Income-producing commercial land for redevelopment in Mansfield, OH.

  800 Park Ave W, Mansfield, OH 44906

  View Details
• 

  $139,000

  Corner Retail Store with Drive-Through

  Corner-lot storefront with a drive-through window, multiple cooler units, and recent 2024 utility and parking updates.

  233 Lexington Avenue, Mansfield, OH 44907

  View Details
• 

  $389,900

  3,632 SF

  Mansfield Commercial Building For Sale

  Commercial building on 0.82 acre lot with reliable tenant.

  2250 Village Mall Dr., Mansfield, OH 44906

  View Details
• 

  $299,900

  2,160 SF

  Turnkey Restaurant with Drive-Thru Potential

  Turnkey restaurant with drive-thru, expansion potential on 1.22 acres.

  1026 Lucas Rd, Mansfield, OH 44905

  View Details
• 

  $239,900

  3,882 SF

  Mansfield Restaurant Opportunity For Sale

  Turnkey restaurant with furnishings and equipment included in sale.

  2461 Emma Lane, Mansfield, OH 44905

  View Details
• 

  $449,500

  1,712 SF

  Downtown Mansfield Creative Commercial Space

  Turnkey creative space in historic downtown Mansfield, Ohio.

  20 Mulberry St, Mansfield, OH 44902

  View Details
• 

  $299,000

  Retail Building with Drive-Through Potential

  Versatile retail building with expansive open space, ample parking, and a large rear patio for flexible customer uses.

  1400 4th Street, Mansfield, OH 44906

  View Details
• 

  $159,900

  Three-Parcel Commercial Development Land

  For sale in Mansfield with public utilities available at the road and flexibility to purchase one parcel or the full package.

  Bally Row Lot 22940, Mansfield, OH 44906

  View Details
• 

  $354,500

  2,400 SF

  Corner Retail and Office Building

  Corner professional building with high-traffic exposure for office and retail use near a major highway interchange.

  25 Lexington Springmill Road, Mansfield, OH 44906

  View Details

FAQs

What type of property is this?

Mixed-use property - Mixed-use property with recent system updates, offering a foundation for completing interior and exterior improvements.

Where is this mixed-use property located?

The property is located at 245 Fourth Street Mansfield, OH.

What is the asking price?

The asking price for this property is $79,900.

What are key features of this property?

This property features: Multi‑family/commercial mixed‑use property with updates made in the last couple of years; Roof updated within the last couple of years; Improvements include plumbing work and two new water heaters