202 S Belmont Ave - Medical FOR SALE


Springfield, OH 45505
$350,000 USD
937-631-5562
202 S Belmont Ave, Springfield, OH for Sale
$350,000 USD
Medical - FOR SALE
1/25
null | 10.28% Cap Rate

202 S Belmont Ave
Springfield, OH 45505


HIGHLIGHTS

  • Good exposure - busy traffic area
  • Well maintained
  • New roof (2023), Heating/Cooling (2021) and sealing in parking lot (2024)

OVERVIEW

Welcome to your future dream salon! Currently 7 full time booths are leased ($100/week) and 1 part time booth ($50/week) are leased and the property is bringing in $3,000 a month. Tenants are month to month. This low maintenance brick ranch with a basement was built to suit 2 separate offices and with a little work can easily be converted back into a two unit commercial property. Large parking lot with an abundance of parking. For an additional $30,000 the lot next door can convey. The lot is already zoned commercial and can easily have anything from another office all the way to a 4 unit apartment. Many upgrades have been made inside and out including the roof (2023), heating and cooling (2021), parking lot has been resealed $37,500 (2024). The property has been cosmetically remodeled. Perfect for a medical professional, salon owner that is looking to expand. This could be your dream business location.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

10.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

34-00700-02210-1009

ASK ABOUT THIS PROPERTY

Arthur SolomonColdwell Banker Heritage RoedigerMore Info
937-631-5562

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

Arthur SolomonColdwell Banker Heritage RoedigerMore Info
937-631-5562

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