1240 E Main St - Loft/Creative Space FOR SALE
Springfield, OH 45503 |
248-877-7912
1240 E Main St
Springfield, OH 45503
HIGHLIGHTS
- 1240 E Main Street is a modern, 10,098-SF, three-story office building in Springfield, Ohio, suitable for investors.
- Property is 36% occupied, generating income with value-add potential by leasing out the remaining high-quality office space.
- Located in a submarket with just 2.1% vacancy and 2% annual rent growth, there is strong demand and minimal new competition.
- Tenants enjoy excellent visibility, prominent signage, and abundant parking for 44 vehicles on a 0.61-acre lot.
- Convenient access to highways, retail, top dining, Wittenberg University, and major health and cultural attractions boosts appeal.
- Springfield's growing population of 83,000 and strong service workforce provide an ideal base for office tenants and investors.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Value-Add Professional Office with Cash Flow
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Loft/Creative Space
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1964
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,572 SF
ZONING
CO-1
APN/PARCEL ID
34-00700-02932-4017
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248-877-7912
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248-877-7912
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