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370 Cline Ave 12,544 SF 50% Leased Office Building Mansfield, OH 44907 $1,189,405 CAD ($94.82 CAD/SF)
Executive Summary
FOR SALE: Partially-leased office building located in the Mansfield Professional Colony. Building is demised into two units, each roughly 6,066 square feet: The lower-level unit is currently leased to a long-term medical tenant, while the upper-level unit is vacant and available for either occupancy by new owner or for lease to a new tenant. With a current projected/proforma capitalization rate well into the double digits, the property would be ideal for both investors and/or partial owner occupants alike. {Financial information available to qualified buyers with a signed confidentiality agreement.}
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
12,544 SF
Building Class
C
Year Built
1978
Price
$1,189,405 CAD
Price Per SF
$94.82 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,272 SF
Slab To Slab
10’
Building FAR
0.99
Lot Size
0.29 AC
Opportunity Zone
Yes
Parking
50 Spaces (4.02 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 6,272 SF
- Office/Medical
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 6,272 SF | Office/Medical | - | Now |
1st Floor
| Size |
| 6,272 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
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Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $210,518 CAD | |
| Land Assessment | $37,396 CAD | Total Assessment | $247,914 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$37,396 CAD
Improvements Assessment
$210,518 CAD
Total Assessment
$247,914 CAD
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370 Cline Ave
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