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The Ohio Brass Building 380 N Main St 82,620 SF Vacant Office Building Mansfield, OH 44902 $3,500,000 ($42.36/SF)
INVESTMENT HIGHLIGHTS
- Opportunity Zone
- Possible tax incentives and local incentives
EXECUTIVE SUMMARY
Recently Added to the National Register of Historic Places this Iconic Office Building is being offered for sale- Prime Redevelopment Opportunity- Step into a piece of history with this stately 6 story office building, a rare opportunity for investors, developers, and visionaries. Located in a prime urban district as well as an Opportunity Zone this property offers a distinguished facade and a grand interior filled with original marble, ornate wood finishes and vintage architectural details. With generous square footage across 6 levels, the building provides a flexible layout that lends itself to redevelopment possibilities - including luxury condominiums, apartments, senior living community, a boutique hotel, or modern office lofts. The floorplan is ideal for conversion to residential as it lends itself well to a double loaded corridor. Highlights are an elevator access to all floors, structurally sound and well maintained, high ceilings and large windows for abundant natural light. This is a unique chance to breath new life into a landmark property in Mansfield OH. Several tax credits as well as local incentives may apply for redevelopment. Inquire today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
82,620 SF
Building Class
C
Year Built
1960
Price
$3,500,000
Price Per SF
$42.36
Percent Leased
Vacant
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
16,524 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
6.50 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
200 Spaces (2.42 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 027-05-100-01-001 | Improvements Assessment | $52,340 |
| Land Assessment | $15,450 | Total Assessment | $67,790 |
PROPERTY TAXES
Parcel Number
027-05-100-01-001
Land Assessment
$15,450
Improvements Assessment
$52,340
Total Assessment
$67,790
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The Ohio Brass Building | 380 N Main St
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