201 Yellow Springs StSpringfield, OH 45504
- Office properties
- 6,600 SF
For Sale
$1,569,000
View listing
Property Details for 201 Yellow Springs St
- Year built
- 2002
- Lot size
- 0.71 AC
- Property size (Sq ft)
- 6,600 SF
- Property type
- Office properties
- Property subtype
- Medical offices
Description
This 6,600 square foot medical office building, located at 201 N Yellow Springs St, Springfield, OH 45504, presents a compelling investment opportunity. Built in 2002 and completely renovated in 2019, including a new HVAC system, the property boasts a strong tenant, Brightview Health, a major provider in the medical rehabilitation industry. The 0.71-acre lot provides ample parking with 49 spaces. The building is zoned CC-2 and features annual rent increases, boosting the cap rate yearly. An additional $550 monthly income stream is available through June 2024, separate from the net operating income. Minimal landlord responsibilities and excellent condition make this a low-maintenance investment. The asking price is $1,569,000.
Location Insight
- City
- Springfield
- County
- Clark
- State
- Ohio
- Latitude
- 39.9281
- Longitude
- -83.8198
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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