Property summary
This exceptional Mansfield, Ohio property presents a unique redevelopment opportunity encompassing a total of 5 parcels totaling 0.56 acres. Strategically located on the corner of Lexington and Mulberry/Mendota Avenues, this site boasts multiple access points and high visibility. The main building at 78 Lexington Avenue offers 3,070 square feet of former retail space, while the adjacent 74 Lexington Avenue building comprises 4,138 square feet, previously occupied by a florist. Three additional parcels behind the florist building include a two-car block garage. The property is zoned B1 (Neighborhood Business District), making it ideal for retail development. With a daily traffic count of 9,000-11,000 vehicles (per MORPC), this location offers unparalleled exposure. The asking price of $350,000 includes all five parcels and existing improvements, sold as-is, where-is. The property features a total building square footage of 7,208 square feet, with 3 units, built in 1950, and sits on a 6,098.4 square foot lot. Currently vacant, this site presents a rare chance to capitalize on a high-traffic location in a thriving business district. The property is situated near a Dollar General, further enhancing its commercial viability.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
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