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Investment Highlights
- Downtown Mansfield Value-Add Opportunity | Prime Main Square Corner
- Investor Special: Iconic Corner Building with Income + Renovation Upside
- Main Square Redevelopment Opportunity | 11,525 SF Across Four Levels
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,525 SF
Building Class
C
Year Built
1900
Price
$341,427 CAD
Price Per SF
$29.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.89
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
B2
Parking
6 Spaces (0.52 Spaces per 1,000 SF Leased)
Frontage
30’ on Park Street
Amenities
- Signalized Intersection
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 027-06-024-15-000 | Improvements Assessment | $27,623 CAD |
| Land Assessment | $15,456 CAD | Total Assessment | $43,079 CAD |
Property Taxes
Parcel Number
027-06-024-15-000
Land Assessment
$15,456 CAD
Improvements Assessment
$27,623 CAD
Total Assessment
$43,079 CAD
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