10 S Park St - Storefront Retail/Residential FOR SALE


Mansfield, OH 44902
$249,800 USD
614-638-4206
10 S Park St, Mansfield, OH for Sale
$249,800 USD
Storefront Retail/Residential - FOR SALE
1/20
null | Request Cap Rate

10 S Park St
Mansfield, OH 44902


HIGHLIGHTS

  • Downtown Mansfield Value-Add Opportunity | Prime Main Square Corner
  • Main Square Redevelopment Opportunity | 11,525 SF Across Four Levels
  • Investor Special: Iconic Corner Building with Income + Renovation Upside

OVERVIEW

Historic Mixed-Use Investment Opportunity | Downtown Mansfield Main Square Positioned prominently on Mansfield’s Main Square, this ±11,525 SF four-level corner building presents a rare opportunity to acquire a stabilized mixed-use asset in the center of the city’s ongoing downtown revitalization. Investment Highlights: Prime Corner Location with maximum visibility and frontage directly on the Main Square Established Restaurant Tenant occupying the main level, providing immediate in-place income and steady foot traffic Value-Add Potential on upper floors (±2,100 SF each) Six Private Parking Spaces plus surrounding street parking Basement with Overhead Door for storage and operational access The main level is leased to a long-standing restaurant operator, offering stable occupancy in a high-visibility location surrounded by retail, service businesses, and community destinations. The second and third floors each offer approximately 2,100 square feet, including kitchens, two full bathrooms per level, and multiple adaptable living areas. These floors provide flexible repositioning opportunities, including: Executive or creative office loft conversion Short-term rental or boutique hospitality use Market-rate residential units Owner-occupant live/work configuration The building’s historic architecture, corner exposure, and walkable location align well with Mansfield’s continued investment in downtown infrastructure and small business growth. With a total building size of approximately 11,525 square feet across four levels, this property offers both immediate income and long-term upside through strategic redevelopment or lease optimization. An ideal acquisition for an investor seeking a stabilized retail base with value-add residential/office potential — or for an owner-operator looking to control a flagship presence in the heart of downtown Mansfield.

FOR SALE DETAILS

PRICE

$249,800 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B2

APN/PARCEL ID

027-06-024-15-000

ASK ABOUT THIS PROPERTY

David LudwigColdwell Banker RealtyMore Info
614-638-4206

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David LudwigColdwell Banker RealtyMore Info
614-638-4206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.