102 5Th St Mansfield, OH 44902
- Warehouses
- 11,392 SF
- 0.47 lot acres
Current Use by Public Records
- Warehouses
Property Details for 102 5Th St
- Year built
- 1941
- Lot size
- 0.47 lot acres
- Property size
- 11,392 SF
- Property type
- Warehouses
- APN
- 027-05-058-01-000
- APU
- 270505801000
Description
This 10,392-square-foot mixed-use building presents a compelling redevelopment opportunity in Mansfield, Ohio. Located at 102 E 5th St, this Class C property boasts a prime location within an I-1 zoned area, offering excellent visibility and accessibility. Built in 1941, the structure currently features a 50% occupancy rate with an existing tenant occupying a portion of the space. The building's layout includes two offices, a restroom, a showroom area, and substantial storage space. The property's single tenancy simplifies management and offers potential for significant value enhancement through renovation and lease-up. Its strategic location provides easy access to Route 30 bypass, ensuring convenient transportation links. The property is offered at an attractive asking price of $135,000, making it an ideal investment for owner-users seeking a redevelopment project with strong potential for return. The Richland County location and the 0270505801000 APN number further identify this unique property. This is a single-tenant, owner-user investment opportunity categorized as redevelopment. The property's zoning and location make it suitable for a variety of uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.5119
- Latitude
- 40.7626
- CBSA code
- 31900
- CBSA name
- MANSFIELD, OH METROPOLITAN STATISTICAL AREA
