514 Park Ave Ave Mansfield, OH 44906
- Mixed-use properties
- 9,581 SF
- 0.31 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 514 Park Ave Ave
- Year built
- 1900
- Lot size
- 0.31 lot acres
- Property size
- 9,581 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, situated at 514 Park Avenue West in Mansfield, Ohio, presents a unique investment opportunity. Spanning 9,581 square feet on a 0.31-acre lot, this nearly completed building boasts three potential commercial units and two residential apartments. Its prime location on a busy main road ensures high visibility and significant foot traffic, ideal for attracting customers and tenants. Recent renovations have transformed this property into a turnkey asset. Improvements include a brand-new roof, completely updated electrical and plumbing systems, fresh paint throughout, new carpeting and linoleum flooring, and modern bathroom and kitchen fixtures. The updated baseboard heating system offers energy efficiency, minimizing operational costs. The building's versatility allows for a variety of uses, making it suitable for both established businesses seeking expansion and entrepreneurs looking to launch their ventures. With minimal cosmetic work remaining, this property is ready for immediate occupancy and income generation. The combination of its strategic location, recent upgrades, and diverse unit options makes this a compelling investment prospect with strong potential for rental income and capital appreciation. Don't miss this chance to acquire a high-value property in a thriving area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.5343
- Latitude
- 40.7592
