2419 High StSpringfield, OH 45505

Property Details for 2419 High St

Year built

1972

Construction

CONCRETE BLOCKS

Lot size

0.31 AC

Property size (Sq ft)

4,000 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

340-07-00022-105-040

APU

3400700022105040

Description

This exceptional mixed-use property, located at 2419 High Street in Springfield, Ohio, presents a compelling investment opportunity. The building boasts a substantial 4,000 square feet of space, offering significant potential for a variety of commercial ventures. Its mixed-use zoning allows for flexible configurations, catering to diverse business needs. The property sits on a lot with no acreage, making it ideal for businesses that prioritize accessibility and convenience. Priced competitively at $275,000, this property represents a rare chance to acquire a well-situated commercial building in a thriving Ohio market. The building's size and versatile zoning make it suitable for a range of uses, from retail and office space to a combination of both. Its location on High Street provides excellent visibility and accessibility, ensuring high foot traffic and easy access for customers and employees. The absence of acreage simplifies maintenance and management, minimizing operational overhead. This is an excellent opportunity for investors seeking a strong return on investment in a dynamic and growing community. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift start to your business operations. Don't miss this chance to secure a prime commercial space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $767,539

  6.5%

  $708,498

  7%

  $657,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $78,760

  Geo Method

  $78,760

• Alternative Use

  Use

  Valuation

  Residential

  $878,537

  Hospitality

  $804,735

  Educational

  $669,530

  Medical

  $692,556

  Retail

  $1,041,491

Location Insight

City

Springfield

County

Clark

State

Ohio

Latitude

39.9214

Longitude

-83.773

CBSA code

44220

CBSA name

SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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