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Highlights

  • 5,500 SF on 0.13 AC
  • Zoning- D3-UC (Downtown 3 - Urban Center)
  • 80,000 SF Commercial Retail & Office Development - Including 100 Residential Units
  • 1890 Historic Building, newly renovated
  • Adjacent to the $30 million private redevelopment of the Watermill District; Summer 2026 Watermill Parking Lot (910 Spaces)
  • Ideal for restaurant conversion, with city incentives available; Historic Downtown Location;14,000 VPD

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground, Ste 1
  • 5,500 SF
  • Negotiable
  • $42.16 CAD/SF/YR $3.51 CAD/SF/MO $231,875 CAD/YR $19,323 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Located in the heart of Historic Downtown Mansfield, the property benefits from a thriving mixed-use district fueled by continued residential growth, public infrastructure improvements, and destination retail and dining. Home to more than 80,000 residents with a median household income exceeding $120,000, Mansfield continues to attract new businesses, residents, and investment, creating exceptional long-term potential for commercial users and investors alike.

  • Lease rate does not include utilities, property expenses or building services
  • 5,500 SF on 0.13 AC
  • 1890 Historic Building, newly renovated
  • Zoning- D3-UC (Downtown 3 - Urban Center)
  • Adjacent to the $30 million private redevelopment
  • Ideal for restaurant conversion
  • Historic Downtown Location
Space Size Term Rental Rate Rent Type
Ground, Ste 1 5,500 SF Negotiable $42.16 CAD/SF/YR $3.51 CAD/SF/MO $231,875 CAD/YR $19,323 CAD/MO Triple Net (NNN)

Ground, Ste 1

Size
5,500 SF
Term
Negotiable
Rental Rate
$42.16 CAD/SF/YR $3.51 CAD/SF/MO $231,875 CAD/YR $19,323 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Located in the heart of Historic Downtown Mansfield, the property benefits from a thriving mixed-use district fueled by continued residential growth, public infrastructure improvements, and destination retail and dining. Home to more than 80,000 residents with a median household income exceeding $120,000, Mansfield continues to attract new businesses, residents, and investment, creating exceptional long-term potential for commercial users and investors alike.

  • Lease rate does not include utilities, property expenses or building services
  • 5,500 SF on 0.13 AC
  • 1890 Historic Building, newly renovated
  • Zoning- D3-UC (Downtown 3 - Urban Center)
  • Adjacent to the $30 million private redevelopment
  • Ideal for restaurant conversion
  • Historic Downtown Location

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 5,500 SF
Property Type Retail
Property Subtype Health Club
Gross Leasable Area 5,500 SF
Year Built 1890

About the Property

Located in the heart of Historic Downtown Mansfield, the property benefits from a thriving mixed-use district fueled by continued residential growth, public infrastructure improvements, and destination retail and dining. Home to more than 80,000 residents with a median household income exceeding $120,000, Mansfield continues to attract new businesses, residents, and investment, creating exceptional long-term potential for commercial users and investors alike.

Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Nearby Major Retailers

Tom Thumb
Twisted Root Burger Co.
First Convenience Bank
  • Listing ID: 41214243

  • Date on Market: 2026-07-08

  • Last Updated:

  • Address: 115 N Main St, Mansfield, TX 76063

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