1301 W 1st Street presents an opportunity to acquire a multi-tenant office property in Springfield, Ohio with existing income and future occupancy flexibility. The property is offered for sale at $1,500,000 and includes a front unit that is currently leased along with a rear unit that is currently vacant, and available for lease. This configuration provides immediate occupancy potential for an owner-user while maintaining income from the existing tenant.
The vacant rear unit is configured with a large open work area, reception and waiting area, five private offices, and two full bathrooms with showers. Multiple entry points, including side and rear entrances, support operational flexibility for a variety of professional, medical, office, or service-oriented users. The existing layout can accommodate owner-occupants seeking a functional office environment while preserving the benefits of an income-producing component within the property.
The property is positioned within Springfield's established commercial corridor with convenient access to major transportation routes, including US-68 and regional thoroughfares that connect businesses throughout Clark County and the greater Dayton market. Nearby retail, dining, and commercial services contribute to the property's accessibility for employees, clients, and visitors. Ample on-site parking further supports day-to-day operations and customer convenience.
For investors, the combination of existing tenancy, vacancy upside, and owner-user potential creates multiple pathways for value creation. For owner-occupants, the ability to occupy the vacant rear unit while benefiting from income generated by the leased front unit offers a compelling opportunity within a well-established commercial location.