4690 Urbana RdSpringfield, OH 45502

Property Details for 4690 Urbana Rd

Year built

1828

Construction

BRICK

Lot size

12.04 AC

Property size (Sq ft)

3,336 SF

Zone code

PD-M

Property type

Retail properties

Property subtype

Turn key restaurants

APN

220-03-00033-000-062

APU

2200300033000062

Description

This exceptional investment opportunity presents the Simon Kenton Inn, a historically significant property spanning 12 acres in Springfield, Ohio. Built in 1828 and meticulously renovated between 2005 and 2017, this unique property boasts 16,000 square feet across eight buildings, including the historic inn, three luxury treehouses, a caretaker's cottage, and the impressive 6,500-square-foot Kenton Hall, the largest banquet facility within a 30+ mile radius. The inn features a working historic kitchen, a separate commercial kitchen, a public restaurant and pub, two outdoor patios, multiple interior dining rooms, and five private B&B-style rooms. The property also includes a barn with four ADA-accessible rooms and an owner's residence (convertible to guest use). The Springhouse, dating back to 1828, adds to the historical charm. The inn operates as three distinct but synergistic businesses: a public restaurant and pub, a lodging resort, and a special events venue, attracting approximately 25,000 guests annually. With a strong track record and bookings extending into the future, this is a turn-key operation with significant expansion potential. The property offers a 9.44% cap rate, a $235,884 NOI, and is listed at $2,500,000 ($156.25/sq ft). Owner financing is available. This is a rare chance to acquire a profitable, historically significant property with substantial growth opportunities. The property includes 15 units and 15 beds.

Location Insight

City

Springfield

County

Clark

State

Ohio

Latitude

39.9917

Longitude

-83.8025

CBSA code

44220

CBSA name

SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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