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Property profile & analytics
FOR LEASE
Office buildings

1 Marion Ave Mansfield, OH 44903

33,051 SF 0.64 ac lot Built 1974
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-0155126
Property summary
AI-generated overview

This exceptional 545-square-foot office suite, located within the Marion 1 Building in the vicinity of downtown Mansfield, Ohio, presents a fantastic opportunity for businesses seeking a convenient and functional workspace. Situated in a three-story, 27,768-square-foot Class C building constructed in 1974, this single-tenant space offers two distinct rooms, ideal for a reception area and private office or other configurations to suit your needs. The suite benefits from readily accessible men's and women's restrooms located nearby. The building itself sits on a 0.637-acre lot and includes elevators for convenient access to all three floors. This property is perfect for a small business or individual professional seeking a well-located, private office space. The suite's layout provides flexibility for various business configurations, allowing you to tailor the space to your specific operational requirements. The convenient location near downtown Mansfield offers easy access to local amenities and transportation networks. This is a rare opportunity to secure a well-maintained office space in a desirable location. The building's features, including elevators, contribute to a comfortable and efficient work environment. Don't miss this chance to establish your business in this attractive and functional office suite.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1974
Total area 33,051 SF
Lot 0.64 ac (27,769 SF)
APN 027-01-104-05-000
UPID US66-0155126
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Barmesa Pumps USA (Sales Office) Factory Industrial Manufacturer
  • Heartland Hearing Center Hearing Aid Store
  • CCCS-Central Ohio-A Financial Advisor
  • Continental Home Health Care Home Health Care Service
  • First Federal Community Bank - Lending Center Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.10M
Owner & transaction history
Renovate 1st LLC · 7 yrs held
Renovate 1st LLC
since 2019
5 recorded transactions
2021
Price N/A
2021
Price N/A
2019
$935,000
2015
$925,000
2005
$740,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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