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Two-Unit Mixed-Use Building
New
For Sale
$99,900

282 Lexington Avenue, Mansfield, OH 44907

Separate utility meters serve the two commercial spaces.

Property SizeContact for details
Days on Market3

Property Features for 282 Lexington Avenue

General Information

Standard status Active
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence needs significant improvements

Site & Location

Traffic Count 10,000 vehicles/day
Utilities to Site Yes

Building Details

Year Built 1955
Construction brick
Listed By: Dream Huge Realty
Source: Dreamhuge.idxbroker
Added: Oct 19 Last Checked: Oct 20 at 5:10PM

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

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Investment Insights

Based on property information with market context.

At 282 Lexington Avenue, this two-unit commercial property combines a former bar space with a former restaurant space. The bar area has an open layout, a built-in bar, a dance-floor area, a cooler and separate men’s and women’s public restrooms. The restaurant space includes a dining area, public restrooms and a former kitchen area. Utilities are separately metered for each unit, and a basement sump pump was installed in 2026. The building, constructed in 1955, requires significant improvements and is being sold as-is with its contents.

The property occupies the corner of Lexington Avenue and Sturges Avenue, with nearly 10,000 vehicles passing daily. Its existing two-space configuration and distinct interior layouts are among the building’s key physical features.

Key Highlights

  • Two commercial units with separately metered utilities
  • Corner location at Lexington Avenue and Sturges Avenue
  • Nearly 10,000 vehicles pass daily

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Cafe & Coffee Shop Electrical Service Parking Lot & Garage Storage Facility Big Box & Wholesale Store Garden 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

10,000 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

822
Businesses Nearby

Demographics for 44907, OH

15,014
Population
7,798
Households
1.9
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
1,925
Density / Sq Mi
$44,033
Median Household Income
$34,528
Median Earnings
$788
Median Rent
$130,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate utility meters serve the two commercial spaces.
Where is this mixed-use property located?
The property is located at 282 Lexington Avenue Mansfield, OH.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two commercial units with separately metered utilities; Corner location at Lexington Avenue and Sturges Avenue; Nearly 10,000 vehicles pass daily
More about this property
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