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Commercial Real Estate for Sale at 451 Grace Street in Mansfield, OH for $260,000

Listing data last changed 09/08/2025 - 3:43pm
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451 Grace Street | Mansfield

$260,000 | 0.0 Sq. Ft.

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.) MLSNow 5152706 Directions to property: Fifth Ave to Grace Street

MLS Listing ID: 
MLSNow 5152706
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$260,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Business
Primary Market Area: 
Mansfield
Address: 
451 Grace Street, Mansfield, OH 44905
County: 
Richland
Latitude: 
40.7703640
Longitude: 
-82.4985030
Directions: 
Fifth Ave to Grace Street
Public Remarks: 
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.)
Community Information
School District: 
Mansfield CSD - 7006
Subdivision: 
Mansfield
Building Details
Details about the building on a property.
Year Built: 
1952
Living Area: 
0.0
Construction
Roof: 
Rubber
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
37
Lot Size (Area): 
37
Public Record
Parcel Number: 
027-05-079-01-000
Annual Tax: 
$1,275.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Sluss Realty

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