451 Grace Street Mansfield, OH $ 220,000
451 Grace Street
$ 220,000
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451 Grace Street

Mansfield, OH, 44905
$ 220,000
Bedrooms-- Baths-- Sq 1,263

Monthly Estimate*

$ 1,373

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Commercial Property for sale in Mansfield, OH

for $220,000. This 1,263 square foot building was built in 1952 on a lot size of 0.37.

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. (The Liquor license is transferable with the sale.)

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Commercial Active

Price

$ 220,000

Property Type

Commercial

Taxes

$ 1,274

Style

Lot Size

0.37

Year Built

1952

Town/City

Mansfield

County/Region

Richland

MLS | Web ID

225032700

Features
General
Sewer Public Sewer
Utilities Natural Gas Available Electricity Available
Year Built 1952
Stories Count 1
Township Mansfield
Property Subtype Restaurant
Tax Year 2024
Gross Income 0.0
Additional Parcels Description 027-05-078-18-000 027-05-067-02-000
County Richland
Net Operating Income 0.0
Operating Expense 0.0
Property Type Commercial Sale
Status Active
City Mansfield
Lot Size Square Feet 16117.2
Land Lease Y/N N
Tax Annual Amount 1274.62
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Lot Size Area 0.37
Spa N
Building Area Total 1263.0
Lot Size Acres 0.37
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 451
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* Excluded Features
List By
Courtney Bradley

Listing Agent

Sluss Realty Company

Broker

cbradley1725@gmail.com

Email

Affordability Calculator

$1,479
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,373
Monthly Property Taxes
$106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$220,000 -8.33% Price Down
10/3/2025$240,000 -7.69% Price Down
8/28/2025$260,000 Listed Price

Map


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451 Grace Street, Mansfield, OH, 44905 is a Commercial Property for sale at $220,000 with 1,263 sqft and a lot size of 0.37. 451 Grace Street was built in 1952. The property's zip code is 44905 which is in Mansfield, OH