178 Wayne St Mansfield, OH 44902-1433
This newly renovated bar and tavern presents a unique investment opportunity in a rapidly developing area of Mansfield, Ohio. The property boasts spacious and stylish interior entertaining areas, perfect for attracting a diverse clientele. Recent upgrades include new flooring, electrical systems, and plumbing, ensuring the property is in excellent condition. A significant advantage is the inclusion of a walk-in freezer and modern commercial appliances, streamlining operations and enhancing efficiency. The substantial storage space further adds to the property's practicality and operational flexibility. Beyond the interior, the property features attractive outdoor entertaining spaces, ideal for expanding the business's reach and creating a vibrant atmosphere. The strategic location across from new construction projects underscores the area's growth potential, promising increased foot traffic and a strong future for the business. This turnkey operation offers a compelling blend of modern amenities, prime location, and significant growth potential, making it an exceptional investment opportunity for discerning buyers. The property is being offered at $265,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.