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16 W 5th St 664 SF 100% Leased Retail Building Mansfield, OH 44902 $108,976 CAD ($164.12 CAD/SF)
Investment Highlights
- Zoning I-1
- Great visibility
- Three street corner lot
- High traffic count
Executive Summary
Prime Corner Lot – High Visibility & Versatile Potential Unlock the possibilities with this high-traffic corner lot offering exceptional visibility and frontage on three streets: approximately 180 feet on W Fifth St, 60 feet on Walnut St, and 35 feet on N Main St in Richland County, Ohio. Zoned I-1, this property presents an ideal location for a car dealership, small neighborhood gas station, or office-based business looking to capitalize on exposure and accessibility. The existing 639 sq ft building provides a turnkey opportunity for a small office or retail operation, while the strategic corner positioning offers strong potential for future redevelopment or expansion. If you’re looking for a site that checks the boxes for traffic, visibility, and zoning flexibility—this is it
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
664 SF
Building Class
F
Year Built
1952
Price
$108,976 CAD
Price Per SF
$164.12 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
I-1 - Light Industrial
Parking
15 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 027-04-244-05-000 | Improvements Assessment | $2,045 CAD |
| Land Assessment | $4,834 CAD | Total Assessment | $6,878 CAD |
Property Taxes
Parcel Number
027-04-244-05-000
Land Assessment
$4,834 CAD
Improvements Assessment
$2,045 CAD
Total Assessment
$6,878 CAD
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16 W 5th St
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