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294 E 3rd St
Mansfield, OH 44902 Mansfield

$500,000 USD

Warehouse For Sale  •  10,980 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 10,980 SF
  • Lot Size 1.07 AC
  • Building Class C
  • Year Built 1945
  • Tenancy Single
40 Walk Score

Highlights

Durable Construction – Solid block/brick structure delivers longevity, lower long-term maintenance costs, and superior fire resistance vs. metal
Functional Layout – 16+ ft clear height in warehouse is an above-average clear height for a building this size, enabling racking
Recent Capital Improvements – New concrete work, partial roof replacement, and additional masonry work completed
Statewide Growth – Ohio earned AAA/Aaa/AAA credit ratings from all three major agencies for the first time in state history
Mark to Market Opportunity – At $45.54/SF, the asset is priced competitively relative to replacement cost for masonry construction
Strategic Midstate Location – Mansfield’s position near US-30 and I-71 provides efficient access to Columbus (~75 mi), Cleveland (~80 mi)

Major Tenants

Tenant SF Occupied Lease End Date
Rex Pipe and Supply Company
Jack Lenihan 310-779-7503 Matthews Real Estate Investment Services
Jack Lenihan 310-779-7503 Matthews Real Estate Investment Services