OH > Springfield > Demints
Springfield, OH 45504,325 W Columbia Street
Springfield, OH 45504,325 W Columbia Street
Springfield, OH 45504,325 W Columbia Street
Springfield, OH 45504,325 W Columbia Street
Springfield, OH 45504,325 W Columbia Street
Springfield, OH 45504,325 W Columbia Street
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Charles Collins

Charles Collins

+1(614) 325-1178
$ 1,750,000
Est. payment | /mo

26,656 SqFt

Save Virtual Tour
$ 1,750,000
Est. payment | /mo
Save Virtual Tour

26,656 SqFt

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 26,656 sqft

Price per Sqft $65

Subdivision Demints

MLS Listing ID 1036393

Style Other

Year Built 1963

Annual Tax Amount $15,374

Tax Year 2023

Lot Size 2.000 Acres

Lot Dimensions 2.002

Property Description

Prime opportunity in Springfield, Ohio! The Retro Travel Lodge, a possible 80-unit motel, is perfectly situated near the revitalized downtown and directly across from the Regional Hospital. Offering exceptional visibility on a corner lot, this property consists of endless potential for a new owner or corporation seeking to capitalize on the area's growth and vibrancy.Strategically positioned near I-70, providing easy access for commuters to both Dayton and Columbus. Close to downtown Springfield, this site is ideal for contributing to the city's exciting revitalization efforts. Springfield, a community rich in history and spirit, continues to grow as a hub for culture, business, and development. The property includes a two-story, 78-room economy lodging facility spanning 29,656 square feet on a multi-parcel lot totaling just over 2 acres. Featuring a room mix of 40% King Suites (31 rooms) and 60% Double Queen Suites (47 rooms), this motel is designed to meet diverse guest needs.Constructed with durable Class C materials, the concrete block framing and exterior ensure long-lasting functionality. On-site amenities include a welcoming office/lobby, convenient laundry facilities, and versatile conference room-style office spaces. Additionally, the property features an 843-square-foot full-service restaurant, adding value and service options for guests.**Zoning UPOD, Neighborhood Commercial District** Multi parcel property includes: 5 parcels with main structure: 3400035320002, 3400700035320003, 34007000353220004, 3400700035320005. Other additional parcel IDs to make up acreage are as follows: 340070035320006; 40x99. 20008: 42x72 & 20007: 40x969The vision for this project could be endless! Many retro Travel Lodge facilities have been modernized into great lodging for today's traveler. Examples of retro fitted transformations are available upon request to the Listing Agents.

Location

State OH

County Clark

Area 011 N O Main / W Of Limestone

Zoning Commercial

Rooms

Basement None

Interior

Heating Electric

Cooling Wall Unit(s)

Exterior

Exterior Feature Block, Other

Utilities Available Natural Gas Connected, Sewer Connected

Building

Foundation Slab

Sewer Public Sewer

Water Supplied Water

Others

Ownership Non-Occupant

Financing 1031 Exchange,Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/wrist/1036393

Listed by Real Estate II, Inc.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(614) 325-1178

collinslassitergroup@gmail.com

921 Eastwind Dr Suite 102, Westerville, OH, 43081, United States

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325 W Columbia Street