Property profile

178 Wayne St Mansfield, OH 44902

OFF-MARKET
Bars & Pubs
Property ID
US66-0620093
3,420 SF 0.15 ac lot Built 1920
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1920
Total area 3,420 SF
Lot 0.15 ac (6,399 SF)
APN 027-05-032-13-000
UPID US66-0620093

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

178 Wayne St Mansfield, OH 44902-1433
Mansfield metro Census 3100 MANSFIELD, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$130k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2025
Last sale
$175,000
7 recorded transactions
2025
Price N/A
2025
$175,000
2023
Price N/A
2023
Price N/A
2023
$118,150
2022
$114,900
2022
$114,900

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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