Established Mansfield Bar/Restaurant
451 Grace Street, Mansfield, OH 44905
COMMERCIAL - Mansfield, OH
Property size:
1,263 SFLot size:
0.37 AcresPrice / SF:
$142/SF- Added:
- Aug 28, 2025
- Days on Market:
- 273
- Last Refresh:
- May 27 at 4:06 pm
Property Features for 451 Grace Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0270507901000, 0270507818000 see remarks
- Size
- 1,263 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- 11681 40 X 125, 11680 40 X 125 GRACE ST, see remarks
- Tax Annual Amount
- 637
Building Details
- Year built
- 1952
Listing agent Courtney Bradley (419) 543-8305
Listing office Sluss Realty 1641 Park Avenue West, OH (419) 529-3047
Listing date Aug 28, 2025
MLS# 9069120
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
- Turnkey business opportunity with 17 years of successful operation.
- Transferable liquor license included with the sale.
- Recent updates: new furnace and AC (2024), new toilets and sinks, new carpet, newer coolers, and parking lot improvements.
- Open layout suitable for seating and entertainment with a dedicated bar area.
- Basement provides valuable storage or expansion options.
- Includes Vector Security System for business protection.
Overview
The Greystone Lounge is a commercial property in Mansfield, Ohio, featuring an open layout suitable for seating and entertainment. It includes a dedicated bar area, public restrooms, and a basement that can be used for storage or expansion. The property has been updated with a new furnace and air conditioning system in 2024, new toilets and sinks in the bathrooms, and new carpet throughout. The coolers were replaced a year ago, and the parking lot pavement has been filled and restriped. Additional features include new bar stools and updated lights on the front porch. A Vector Security System is installed. The property has operated successfully for 17 years under the current owner and is being offered as a turnkey business, but could be reimagined for new possibilities. The liquor license is transferable with the sale. The property size is 1263 square feet and it sits on a 0.37-acre lot.
Property Profile
Location Intelligence
Current Use by Public Records
Greystone Lounge, llc
Bar & Pub
Similar Places Nearby
- Soundwave Entertainment — 526 acker dr, mansfield, oh 44905
- Lew's Tavern, llc — 1188 Park Ave E, Mansfield, OH 44905
- Buckeye Billiards Sports Bar — 950 Ashland Rd, Mansfield, OH 44905
- Greystone Lounge, llc — 451 Grace St, Mansfield, OH 44905
- Shag-A-Lee's — 381 Ashland Rd, Mansfield, OH 44905
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.4985532
- Latitude
- 40.7703535
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Turnkey bar/restaurant with recent updates and transferable liquor license.
Where is this bar & pub located?
The property is located at 451 Grace Street Mansfield, OH.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Turnkey business opportunity with 17 years of successful operation.; Transferable liquor license included with the sale.; Recent updates: **new furnace and AC (2024)**, new toilets and sinks, new carpet, newer coolers, and parking lot improvements.
