Leased Flex Space with
For Sale
Contact for pricing
961 N Main St, Mansfield, OH 44903
Multi-tenant office and industrial improvements include warehouse access, loading infrastructure, and separate work areas.
Property SizeContact for details
Days on Market141
Property Features for 961 N Main St
General Information
Standard status
Active
Property subtype
Industrial, Mixed Use, Office
Listing Agency:
Dream Huge Realty
(567) 303-4714
Listed By:
John Pavlansky · License #OH 2022000938
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:51PM
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 Dream Huge Realty
Investment Insights
Based on property information with market context.
This 5.85-acre flex property contains 46,250 SF of office and warehouse improvements built in 2000. The 40,000 SF warehouse includes 4 loading docks, 2 garage bays, a mezzanine, and a restroom, while three office units provide private offices, open work areas, conference space, kitchenettes, storage, and restrooms. Unit 2 also connects to 2,000 SF of warehouse space, and another tenant occupies 5,000 SF of warehouse area.
The property is fully leased, with all tenants except the warehouse occupant operating under flat NNN leases. Recent work includes new carpet in Units 1 and 3, LED lighting, and replacement of a dock seal in 2020. A metal roof, three office furnaces, and two warehouse furnaces are also in place. The current warehouse-office configuration is used for industrial operations and can accommodate manufacturing use. The reported cap rate is 7.5%.
The property is fully leased, with all tenants except the warehouse occupant operating under flat NNN leases. Recent work includes new carpet in Units 1 and 3, LED lighting, and replacement of a dock seal in 2020. A metal roof, three office furnaces, and two warehouse furnaces are also in place. The current warehouse-office configuration is used for industrial operations and can accommodate manufacturing use. The reported cap rate is 7.5%.
Key Highlights
- Fully leased 5.85‑acre property with a reported 7.5% cap rate
- 46,250 SF of office and warehouse space, including 40,000 SF of warehouse area
- Warehouse includes 4 loading docks, 2 garage bays, a mezzanine, and a restroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant office and industrial improvements include warehouse access, loading infrastructure, and separate work areas.
Where is this flex space located?
The property is located at 961 N Main St Mansfield, OH.
What are key features of this property?
This property features: Fully leased 5.85‑acre property with a reported 7.5% cap rate; 46,250 SF of office and warehouse space, including 40,000 SF of warehouse area; Warehouse includes 4 loading docks, 2 garage bays, a mezzanine, and a restroom
