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451 Grace St
Mansfield, OH 44905
Retail Property For Sale

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EXECUTIVE SUMMARY

Step inside Greystone Lounge, a long-standing establishment with space and flexibility for a new owner. The open layout is ideal for seating and entertainment, complete with a dedicated bar area ready to serve guests. Public restrooms provide convenience, and the basement adds valuable storage or expansion options. Recent updates include a new furnace and air conditioning system in 2024, new toilets and sinks in the bathrooms, and new carpet throughout. Coolers were replaced just a year ago, and the pavement in the parking lot has been filled and restriped. The property also features new bar stools and updated lights on the front porch. Includes Vector Security System to protect the business and your peace of mind. With 17 years of successful operation under the current owner, this turnkey business is ready to continue its legacy or be reimagined for new possibilities.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
1,263 SF
Building Class
C
Year Built
1952
Price
$220,000
Price Per SF
$174.19
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.12 AC
Zoning
Commercial
Frontage
124’ on Grace St

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
027-05-079-01-000
Land Assessment
$3,120
Improvements Assessment
$11,310
Total Assessment
$14,430
  • Listing ID: 37461043

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 451 Grace St, Mansfield, OH 44905

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