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Partially Leased Office Building For Sale
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370 Cline Ave, Mansfield, OH 44903

Partially leased office building in Mansfield Professional Colony.

Property Size12,132 SF
Lot Size0.29 Acres
Price / SF$0.00
Days on Market797

Property Features for 370 Cline Ave

General Information

Standard status Active
Size 12,132 SF
Lot size 0.29 Acres

Taxes and HOA fees

Annual Taxes $1,734
Listing Agency: Haring Realty, Inc.
Listed By: Nathan B. Neal · License #2014000903
Source: Exprealty
Added: Jun 18, 2024 Changed: Aug 15 Last Checked: Aug 14 at 4:05AM

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 Haring Realty, Inc.

Investment Insights

Based on property information with market context.

Located in the Mansfield Professional Colony, this partially-leased office building is available for sale. The building is divided into two units, each approximately 6,066 square feet. The lower-level unit is currently leased to a long-term medical tenant. The upper-level unit is vacant and available for occupancy by a new owner or for lease to a new tenant. With a current projected capitalization rate of 11.6%, the property is suitable for investors and partial owner-occupants.

Key Highlights

  • Projected/proforma 11.6% capitalization rate.
  • Ideal for investors or partial owner occupants.
  • Partially leased with a long‑term medical tenant in place.

Property Analytics

Current Use

Snap On Smile: Esber ... Dental Office Dr. Rose M. ... Dental Office Mansfield Orthodontics Dental Office Burks Duane DDS Dental Office Tennant Robert D ... Dental Office

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Big Box & Wholesale Store Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44903, OH

25,613
Population
11,425
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
114.1 sq mi
ZIP Area
224
Density / Sq Mi
$65,421
Median Household Income
$36,553
Median Earnings
$811
Median Rent
$177,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Partially leased office building in Mansfield Professional Colony.
Where is this medical office space located?
The property is located at 370 Cline Ave Mansfield, OH.
What are key features of this property?
This property features: Projected/proforma 11.6% capitalization rate.; Ideal for investors or partial owner occupants.; Partially leased with a long‑term medical tenant in place.
More about this property
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