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L-Shaped Office Building
For Sale
$1,400,000

775 Lexington Avenue, Mansfield, OH 44907

COMMERCIAL - Mansfield, OH

Property SizeContact for details
Lot Size0.57 Acres
Days on Market531

Property Features for 775 Lexington Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1-Neighborhood Business
Directions Lexington Ave
Subdivision Richland
Standard status Active
APN 0289006102000
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description NW A 0.567 LT 13 PT SUBJ HWY EASE
Tax Annual Amount 11351
Legal Description NW A 0.567 LT 13 PT SUBJ HWY EASE

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1979
Roof type Composition
Listing Agency: RE/MAX First Realty · RE/MAX International
Listed By: Faith I Deal
Added: Mar 18, 2025 Changed: Aug 4 Last Checked: Aug 30 at 5:06PM
MLS# 9066344

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.

Investment Insights

Based on property information with market context.

This L-shaped office building was built in 1979 and offers two levels that are described as ready to build to suit. The main level has approximately 1,800 SF that can be configured as one suite or split into two suites. The second level is also ready to build to suit, providing additional flexibility for tenant needs. The property is equipped with natural gas heating and a composition roof, and it is served by public sewer.

The building is located on SR 42 with high visibility and access to passing traffic. It is described as positioned in an infill location in close proximity to residential and office buildings. There are two long-term tenants in place.

With its multi-suite potential on the main level and build-to-suit options on the second level, this property can support tenants looking for space that can be tailored to their specifications, while benefiting from its SR 42 presence and B1-Neighborhood Business zoning.

Key Highlights

  • Built in 1979 with an L‑shaped office layout
  • Main level offers approx. 1,800 SF ready to build to suit as one suite or two suites
  • Second level is ready to build to suit

Property Analytics

Current Use

Kristi Boyce Foster Care Service Mary Rufer, LISW Crisis Center Imperial Autism Connections Special Education Facility Jocelyn King Counselor Andrea King Counselor

Suggested Use

Top Pick Restaurant Law Firm Daycare Center Kitchen & Bath Showroom Bakery Building Supply

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

469
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

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?
Office building - L-shaped office building with B1-Neighborhood Business zoning, natural gas heat, public sewer, and build-to-suit options on two levels.
Where is this office building located?
The property is located at 775 Lexington Avenue Mansfield, OH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Built in 1979 with an L‑shaped office layout; Main level offers approx. 1,800 SF ready to build to suit as one suite or two suites; Second level is ready to build to suit
More about this property
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