Property profile

451 Grace St Mansfield, OH 44905

OFF-MARKET
Bars & Pubs
Property ID
US66-0539841
2,430 SF 0.11 ac lot Built 1952
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This commercial property in Mansfield, Ohio (Richland County) is a long-standing establishment with an open interior layout suitable for seating and entertainment. The space includes a dedicated bar area and public restrooms. A basement level provides additional storage and/or potential for expansion. The lot measures 0.37 acres and the building contains approximately 1,263 square feet. The property is configured for commercial use as a bar or restaurant and may also be suitable for certain retail applications. It had a furnace and air conditioning system installed in 2024.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1952
Construction FRAME
Total area 2,430 SF
Lot 0.11 ac (5,001 SF)
APN 027-05-079-01-000
UPID US66-0539841

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bar & Pub

Location

451 Grace St Mansfield, OH 44905-1952
Mansfield metro Census 800 MANSFIELD, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2020
Price N/A
2008
$45,000
2008
Price N/A

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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