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For Sale

Park Professional Building

70 Park Avenue West,
Mansfield, OH 44902

Asset Snapshot

1928
Year Built
2019
Year Renovated
4
Floor Count

Offering Summary

Investment Overview

Authorized Price Reduction! This is a prime investment opportunity in the heart of Downtown Mansfield, Ohio. 70 Park Avenue West has seen several renovations and is currently 90% occupied. Located on a main thoroughfare of Mansfield, this property has plenty of upside opportunities and is even located in an opportunity zone. Take advantage of tax incentives and other benefits designed to spur economic growth and revitalization. The architecture of this property reflects Mansfield's rich history, making it a strong candidate for historical credits classification. This classification has been successfully secured by numerous downtown buildings, and future owners may find similar success, further enhancing the property's appeal and value as an investment. The office building boasts 28,000 square feet of versatile space, suitable for a variety of business needs. The updates have ensured modern comforts and conveniences while preserving the building's original charm. The attractive space offers endless possibilities for a corporate headquarters, a creative agency, or a thriving co-working space. 70 Park Avenue West represents an attractive investment opportunity in downtown Mansfield with its unique combination of location, potential tax benefits, and flexible space.


Investment Highlights

  • 90% Occupied
  • $128,568 NNN Annual Rents
  • Recent Renovations include lighting, flooring, fixtures and more
  • Excellent Downtown Location
  • Off-street Parking

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Listing Syndicated From

Buildout
For Sale
$975,000
Asking Price