1 Church St, Mansfield, MA 02048-2181
This exceptional mixed-use property presents a unique investment opportunity in the thriving heart of Mansfield's business district. Situated on a highly visible corner lot at the intersection of Main Street and West Church Street, this 0.27-acre property boasts a total of five retail or office suites on the ground floor, ideal for a variety of businesses. Each suite offers ample space for individual tenants or a cohesive business operation. Above the commercial space, a comfortable two-bedroom condominium provides residential living or additional office space. The property also includes an oversized two-car garage, offering significant additional square footage with potential for conversion into extra office space, storage, or even additional residential units, subject to local zoning regulations. The property's strategic location provides easy access to major roadways including Routes 140, 495, and 95, ensuring excellent accessibility for both employees and customers. Surrounded by recently developed residential complexes and businesses, this property benefits from a strong and growing local economy. This is a rare opportunity to acquire a versatile property with significant upside potential in a desirable and convenient location. The asking price is $1,200,000. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.