This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
660 S Diamond St
Mansfield, OH 44907
Retail Property For Sale
PROPERTY FACTS
About 660 S Diamond St , Mansfield, OH 44907
INVESTMENT UPSIDE: The two-tenant property is over 60% vacant, allowing for Store Sales an investor to add value by increasing occupancy. By adding a tenant to the vacant space at $5.00 psf, the Cap Rate increases to 17.5% at the asking price STRONG STORE SALES: Family Dollar has had $1.4 million+ in store sales the last three years. Would be willing to execute a 5 year extension with an incentive NEW ROOF: At just $38 PSF, the property is being sold far below replacement cost and has a 4 year old roof with an outstanding warranty APPROPRIATE ANCHOR TENANT: Family Dollar caters very well to the local demographic area. Historically, Family Dollar has constantly renewed its leases in stores with these sales and can be anticipated to remain an anchor for the area long-term TENANT INVESTMENT: Family Dollar recently applied for and was approved for alcohol sales at this location making it one of the first stores to supply alcohol company wide
PROPERTY TAXES
Parcel Number | 028-90-041-04-000 | Improvements Assessment | $381,620 |
Land Assessment | $28,460 | Total Assessment | $410,080 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 17810187
Date on Market: 11/25/2019
Last Updated:
Address: 660 S Diamond St, Mansfield, OH 44907
The Retail Property at 660 S Diamond St, Mansfield, OH 44907 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.