Listing Agency: SVN Wilson Commercial Show Phone

Listed By: Seth Asman · License #2016004115 Show Phone

Source: Moodyscre

Added: Feb 10 Changed: Oct 13 Last Checked: Oct 16 at 11:27AM

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Investment Insights

Based on property information with market context.

This office building is 90% occupied and generates $108,072 in gross annual rents. Recent renovations include upgrades to lighting, flooring, and fixtures. The property benefits from an excellent downtown location and includes off-street parking. The building has a property size of 28000 square feet.

Key Highlights

• $108,072 Gross Annual Rents
• 90% Occupied
• Excellent Downtown Location

Property Analytics

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Open Analytics

Current Use

Starfish Project of Richland ... Charitable Organization Welsh Harry M Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Florist Butcher Bakery Pet Store

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

1,471

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

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 - Office building with excellent location and off-street parking.

Where is this office building located?

The property is located at 9 N Mulberry St 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: $108,072 Gross Annual Rents; 90% Occupied; Excellent Downtown Location