Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$199,999 -$40,001 (-16.67%) Price Reduced

  • For Sale
  • Active
  • Commercial Service
  • Updated 4 hours ago
See This Home
Save This Home
See This Home
Save This Home
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.)

Full Property Details for 451 Grace St

General

  • Price: $199,999
  • Taxes: $1,275 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: 505
  • MLS ID: 5152706
  • Updated: 2/23/2026
  • Added to Site: 129 day(s) ago

Business

  • Business Type: Bar/Tavern/Lounge, Restaurant

Location

  • County: Richland
  • Township: Mansfield
  • Subdivision: Mansfield
  • Driving Directions: Fifth Ave to Grace Street

School Information

  • Elem School District: Mansfield CSD - 7006
  • Midd School District: Mansfield CSD - 7006
  • High School District: Mansfield CSD - 7006

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Roof: Rubber
  • Current Bldg. Use: See Remarks
  • Year Built: 1952
  • Year Built Source: Public Records
  • Other Struct. Feat.: Private Restrooms

Lot Features

  • Lot Size (Acres): 37
  • Lot Size: 37
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $1,275
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 11681 40 X 125 11723 & 8 FT VAC ALLEY TO NOR GRACE ST 40 X 158
  • Property ID: 027-05-079-01-000

Listed by Sluss Realty, Grant Sluss

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 451 Grace St —

  • Grant Sluss

    Sluss Realty

419-529-3047, homes@slussrealty.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 451 Grace St

School District:Mansfield City School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 451 Grace St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/23/2026
Price Reduced
$199,999
-16.67%
MLS
10/16/2025
Listed
$240,000
433.33%
MLS
12/03/2008
Sold
$45,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 451 Grace St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$222
—
$3,120
—
2023
$221
-3%
$3,120
10%
2022
$228
—
$2,840
—
2021
$229
-2%
$2,840
—
2020
$233
91%
$2,840
—
2019
$122
-50%
$2,840
—
2018
$242
2%
$2,840
—
2017
$238
-2%
$2,840
—
2015
$242
—
$2,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 451 Grace St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Sluss Realty, Grant Sluss

Just Listed near 451 Grace St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

154 W Main St, Lexington, OH 44904 - Photo 1 Just Listed
$179,500

154 W Main St  Lexington, OH 44904

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,632
    Sq. Ft.
Listed by Keller Williams Legacy Group (330) 433-6005, Stephanie Webb (419) 709-0489 and Keller Williams Legacy Group (330) 433-6005, Jessica S Adkins
1589 State Route 511, Ashland, OH 44805 - Photo 1 Just Listed
$239,000

1589 State Route 511  Ashland, OH 44805

  • Single Family
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 936
    Sq. Ft.
Listed by Owens Real Estate Firm, Inc., Tina A Owens
832 Avalon Dr, Ashland, OH 44805 - Photo 1 Just Listed
$190,000

832 Avalon Dr  Ashland, OH 44805

  • Condo
  • Active
  • Updated 30 minutes ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,177
    Sq. Ft.
Listed by RE/MAX Showcase, Luke Given
224 Sharon Ave, Ashland, OH 44805 - Photo 1 Just Listed
$259,900

224 Sharon Ave  Ashland, OH 44805

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Keller Williams Elevate, Lorell Kline

Price Reduced near 451 Grace St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

202 W Livingston Ave, Crestline, OH 44827 - Photo 1 Price Reduced
-$9,900 (-4.95%)
$190,000

202 W Livingston Ave  Crestline, OH 44827

  • Commercial
  • Active
  • Updated 2 days ago
Listed by Sluss Realty Company (419) 529-3047, Stacey J Wampler (419) 565-5184
102 E Liberty St, Ashland, OH 44805 - Photo 1 Price Reduced
-$7,000 (-5.51%)
$120,000

102 E Liberty St  Ashland, OH 44805

  • Single Family
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Red 1 Realty, LLC, Kim L Goodrick
1218 Myers Ave, Ashland, OH 44805 - Photo 1 Price Reduced
-$10,000 (-5.56%)
$170,000

1218 Myers Ave  Ashland, OH 44805

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,780
    Sq. Ft.
Listed by Kaufman Realty & Auction, LLC, Mervin Lehman
512 Mcdonald Ave, Galion, OH 44833 - Photo 1 Price Reduced
-$3,100 (-2.14%)
$141,900

512 Mcdonald Ave  Galion, OH 44833

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 912
    Sq. Ft.
Listed by Bowlin Real Estate LLC (567) 393-9017, Candace L Bowlin (419) 971-6752

Recent Sales near 451 Grace St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

370 Illinois Ave N, Mansfield, OH 44905 - Photo 1 Sold
$200,000

370 Illinois Ave N  Mansfield, OH 44905

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,550
    Sq. Ft.
Listed by EXP Realty, LLC, Caleigh Cerveny
Sold by Non-Member, Non-Member Non-Member
28 Stewart Rd N, Mansfield, OH 44905 - Photo 1 Sold
$188,000

28 Stewart Rd N  Mansfield, OH 44905

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
Listed by Sluss Realty, Grant Sluss
Sold by Howard Hanna Real Estate Services, Jennifer McQuillen
1067 Delwood Rd, Mansfield, OH 44905 - Photo 1 Sold
$187,000

1067 Delwood Rd  Mansfield, OH 44905

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,928
    Sq. Ft.
Listed by RE/MAX First Realty (419) 756-4663, Anne Bernhardt (567) 241-5169
Sold by Wilson Family Realty (419) 528-5500, Amanda Wilson
36 S Ridge Rd, Mansfield, OH 44905 - Photo 1 Sold
$198,000

36 S Ridge Rd  Mansfield, OH 44905

  • Single Family
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 988
    Sq. Ft.
Listed by Sluss Realty Company (419) 529-3047, Aubrey Snow (419) 632-4210
Sold by Mary Campbell Staebler

451 Grace Street, Mansfield, OH 44905 (MLS# 5152706) is a Commercial Service property. 451 Grace Street is currently listed for $199,999 and was received on October 16, 2025. Want to learn more about 451 Grace Street? Do you have questions about finding other Commercial Service real estate for sale in Mansfield? You can browse all Mansfield real estate or contact a Coldwell Banker agent to request more information.

Tour this property