?? Lease-to-Own: 4,116 sq ft Mixed-Use Building – Live/Work – $1,500/month – Mansfield, OH
?? 508 Bissman Court, Mansfield, OH 44902
Unlock the opportunity to own while you rent in the heart of Mansfield!
This versatile 4,116 sq ft mixed-use commercial/residential building sits on a .025-acre lot, zoned for Commercial Mixed Use Residential, and is brimming with potential for a business, investment, or live/work lifestyle.
?? Property Highlights:
Upstairs: 1,100 sq ft mostly finished office/apartment with private entrance
Split electric meters
Fully finished kitchen
Potential to convert into 2-bedroom living space
Downstairs: Former laboratory/testing facility
Great layout for office, workshop, or storage
Exhaust blowers still in place
New gutters & roof repairs completed in 2023
Ideal uses:
Medical testing
Self-storage
Workshop
Studio
Ultimate man cave or live/work conversion
?? Lease-to-Own Terms:
Monthly Rent: $1,500
Includes $300/month rent credit
Option Fee: $5,000 (credited to purchase)
Purchase Price: $200,000
Lease Term: 3 years
Total Potential Down Payment Built Over 3 Years: $15,800
$5,000 option fee + $300 x 36 months
At end of lease, buyout price: $184,200
?? Tenant Responsibilities:
All maintenance and repairs (including structural)
All work must be approved in writing
Utilities not included (split electric meters for upstairs/downstairs)
?? Location:
Centrally located in downtown Mansfield, close to shops, transit, and local businesses.
?? Contact Carl to schedule a viewing or learn more
Phone: 312-523-3577
Large parking area for 10+ cars. Seller also owns side lot next to building for sale.
For sale by owner
$200,000
508 Bissman Ct, Mansfield, OH 44903
2beds
4,116sqft
Est.:
MultiFamily
Built in 1890
-- sqft lot
$-- Zestimate®
$49/sqft
$-- HOA
What's special
Private entranceFully finished kitchenLarge parking area
- 53 days
- on Zillow |
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