202 S Belmont Ave - Medical FOR SALE


Springfield, OH 45505
$320,000 USD
202 S Belmont Ave, Springfield, OH for Sale
$320,000 USD
Medical - FOR SALE
1/23
null | Request Cap Rate

202 S Belmont Ave
Springfield, OH 45505


HIGHLIGHTS

  • high volume traffic

OVERVIEW

Welcome to your future dream salon! Currently 7 full time booths are leased ($100/week) and 1 part time booth ($50/week) are leased and the property is bringing in $3,000 a month. Tenants are month to month. This low maintenance brick ranch with a basement was built to suit 2 separate offices and with a little work can easily be converted back into a two unit commercial property. Large parking lot with an abundance of parking. For an additional $30,000 the lot next door can convey. The lot is already zoned commercial and can easily have anything from another office all the way to a 4 unit apartment. Many upgrades have been made inside and out including the roof (2023), heating and cooling (2021), parking lot has been resealed $37,500 (2024). The property has been cosmetically remodeled. Perfect for a medical professional, salon owner that is looking to expand. This could be your dream business location.

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

34-00700-02210-1009

ASK ABOUT THIS PROPERTY

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