For Sale
$900,000

2299 Seminole AveSpringfield, OH 45506

34-Unit Senior Living Facility, $900K

Overview

Added:
Dec 11, 2024
Days on market:
115
This 12,541 square foot multifamily property, located at 2299 Seminole Avenue in Springfield, Ohio, presents a unique redevelopment opportunity. Built in 1965 and renovated in 2010, this former nursing home, most recently used as an MR-DD residential facility, sits on a 16.85-acre lot (APN: 3000600003314018) and is zoned for commercial use. The property currently features 34 units and boasts 34 ICF/IziD bed licenses for the Community-Based Waiver Program, which the seller is willing to include in the sale. Situated in Clark County, Ohio, this location offers convenient access to I-70 and is approximately 45 miles west of Columbus and 25 miles northeast of Dayton. The surrounding area provides an abundance of food and retail establishments. The motivated seller is open to various redevelopment options, including conversion to multifamily housing with potential for additional units. This property offers significant potential for investors seeking a high-return opportunity in a growing community near Wittenberg University. The asking price is $900,000, translating to $71.76 per square foot.

Highlights

  • Highly motivated seller.
  • Excellent nearby retail and dining options.
  • Convenient access to I-70 freeway.
  • Approximately 30-minute commute to Downtown Dayton.
  • 34 ICF/IziD bed licenses for Community-Based Waiver Program included.

Property Details for 2299 Seminole Ave

Property type
Specialty properties, Retirement homes
Square Feet
12,541 SF
Year Built/Renovated
1965/2010
Lot Size (sq. ft)
733,986 SF
Units
34

Location Insight

City
Springfield
County
Clark
State
Ohio
Latitude
39.897097
Longitude
-83.8358499
2299 Seminole Ave, Springfield, Ohio

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2299 Seminole Ave
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