961 Main Street, Mansfield, OH 44902 - Richland County

This fully leased industrial property spans 5.85 acres with 46,250 SF of office & warehouse space, offering a 7.5% cap rate. Built in 2000, it includes 40,000 SF of warehouse space with 4 loading docks, 2 garage bays, a mezzanine, & a restroom. The property features 3 office units. Unit 1 includes 5 offices, a secretary area, waiting room, kitchenette, multiple warehouse access points, & 2 restrooms. Unit 2 consists of 3 offices, an open work area, a kitchenette, & access to 2,000 SF of warehouse space. Unit 3 has 2 offices, an open conference area, storage, kitchenette, & restrooms. An additional tenant leases 5,000 SF of warehouse space. Recent upgrades include new carpet in Units 1 & 3, LED lighting, & a 2020 dock seal replacement. The tenant in Unit 1 may downsize, adding flexibility. All tenants, except the warehouse tenant, are on flat (NNN) leases. Suitable for warehouse, office, or manufacturing use with stable tenants & strong cash flow, this turnkey investment is a must-see!

Copyright © 2025 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.