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13 Park Ave. Mansfield, OH 44902

OFF-MARKET Commercial real estate Google Maps
Built 1926
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional office suite, located at 13 Park Ave. West, Suite 504 in Mansfield, OH, presents a unique opportunity for a discerning business. Situated in a landmark building in the heart of downtown Mansfield, this property offers unparalleled convenience and prestige. The suite itself comprises approximately [Square footage not provided] of well-appointed space, including a welcoming reception/waiting area, eight individual offices perfect for a team or department, a dedicated conference room ideal for meetings and presentations, and a convenient storage room. The building enjoys a prime location within walking distance of the courthouse, city hall, numerous banks, and a variety of restaurants and other amenities, ensuring easy access to essential services and a vibrant urban environment. The current asking price is $1100. Under new ownership and management, the property offers the potential for significant upgrades. The owner is willing to invest in improvements to the suite, resulting in a higher monthly lease rate of $1900 plus utilities. Alternatively, the property is available "as is" plus utilities. Long-term tenants are preferred. This is an exceptional opportunity to secure a highly desirable office space in a thriving downtown location. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1926

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Dental Office
  • Auto Parts Store Waste Management Facility
  • Law Firm Financial Advisor
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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