640 N Fountain Ave - Freestanding FOR SALE


Springfield, OH 45504
$999,000 USD
614-570-7804
640 N Fountain Ave, Springfield, OH for Sale
$999,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

640 N Fountain Ave
Springfield, OH 45504


HIGHLIGHTS

  • Freestanding Commercial Building Built in 2005
  • Highly Visible Corner Location at Signalized Intersection
  • Former Madison Avenue Pharmacy
  • On-Site Compounding Lab
  • Ideal for Medical, Office, or Retail Use
  • Flexible Layout with Open-Concept Reception and Private Offices

OVERVIEW

This 4,778 SF freestanding commercial building offers a highly visible, signalized corner location ideal for medical, office, or retail use. Formerly home to the established Madison Avenue Pharmacy, the property has high end finishes and will maintain a small on-site compounding pharmacy. New ownership is ready to accommodate a new tenant in this great location. Excellent opportunity for general office, or medical uses seeking to establish or expand their presence in the Springfield market. Property has a full basement and has very well maintained. The flexible layout features a spacious, open-concept reception area, multiple private offices or consultation rooms, and dedicated lab or prep space—supporting a seamless transition for healthcare professionals, specialty clinics, or therapeutic providers. Built with modern materials including poured concrete and a durable steel roof, the structure is designed for long-term functionality with minimal maintenance. Additional amenities include basement square footage for storage, ample natural light throughout, and a clean, professional interior. The property sits on a 0.54-acre lot with 21 on-site parking spaces and additional street parking available. With 100 feet of frontage on N Fountain Ave and 50 feet on Ward St., this strategic corner location enhances visibility and accessibility, reinforcing its value as a retail anchor in the corridor.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

CROSS STREETS

Ward Street

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

Commercial

APN/PARCEL ID

34-00700-03511-6001,34-00700-03511-6002,34-00700-03511-6003

ASK ABOUT THIS PROPERTY

John MallyNAI Ohio Equities LLCMore Info
614-570-7804

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John MallyNAI Ohio Equities LLCMore Info
614-570-7804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.