Renovated Office Building with
For Sale
$975,000
70 Park Avenue West, Mansfield, OH 44902
Renovated, largely occupied office building with off-street parking on a main thoroughfare in Mansfield.
Property Size28,000 SF
Days on Market48
Property Features for 70 Park Avenue West
General Information
Standard status
Active
Size
28,000 SF
Class
C
Property subtype
Office
Occupancy
90%
Additional Details
Opportunity Zone
Yes
Building Details
Building Size
28,000 SF
Year Built
1928
Listing Agency:
SVN Wilson Commercial
(614) 747-2052
Listed By:
Seth Asman · License #2016004115
(614) 747-2052
Source:
Svnwilson
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 5:16AM
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 SVN Wilson Commercial
Investment Insights
Based on property information with market context.
70 Park Avenue West is a for-sale office building that has undergone several renovations and is currently reported as 90% occupied. Recent updates include lighting, flooring, and fixtures, supporting a maintained interior for office tenants and day-to-day operations. The property is positioned as an NNN offering under its commercial real estate classification.
The building is located on a main thoroughfare in Downtown Mansfield, Ohio, with off-street parking available. Public remarks also note that the property sits within an opportunity zone, which may be relevant to qualified buyers evaluating tax-incentive programs.
For prospective tenants, the existing office setup and renovation history may help support efficient move-in and ongoing occupancy. For investors, the reported current occupancy and completed capital improvements are practical considerations, and the opportunity zone status may add a financing or tax-incentive angle when reviewing underwriting and deal structure. This offering also lists an authorized price reduction, reflecting updated pricing as part of the sale process.
The building is located on a main thoroughfare in Downtown Mansfield, Ohio, with off-street parking available. Public remarks also note that the property sits within an opportunity zone, which may be relevant to qualified buyers evaluating tax-incentive programs.
For prospective tenants, the existing office setup and renovation history may help support efficient move-in and ongoing occupancy. For investors, the reported current occupancy and completed capital improvements are practical considerations, and the opportunity zone status may add a financing or tax-incentive angle when reviewing underwriting and deal structure. This offering also lists an authorized price reduction, reflecting updated pricing as part of the sale process.
Key Highlights
- Built in 1928, renovated downtown Mansfield office building on a main thoroughfare
- Currently 90% occupied with $128,568 in NNN annual rents
- Recent renovations include lighting, flooring, fixtures, and more
Property Analytics
Property Profile
Current Use
Lease Details
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,237
Businesses Nearby
Explore this area
Business Placement
Demographics for 44902, OH
4,891
Population
2,240
Households
2.2
Avg Household Size
35
Median Age
4%
College-Educated
83%
High-School Grad
2.0 sq mi
ZIP Area
2,446
Density / Sq Mi
$31,619
Median Household Income
$25,636
Median Earnings
$842
Median Rent
$58,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Renovated, largely occupied office building with off-street parking on a main thoroughfare in Mansfield.
Where is this office building located?
The property is located at 70 Park Avenue West Mansfield, OH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Built in 1928, renovated downtown Mansfield office building on a main thoroughfare; Currently 90% occupied with $128,568 in NNN annual rents; Recent renovations include lighting, flooring, fixtures, and more
