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    1701 Lexington Ave Springfield, OH 45505

    Sponsored
    For Sale
    $690,000

    COMMERCIAL - Neoclassical - Springfield, OH

    Property size:
    6,468 SF
    Lot size:
    0.17 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 1701 Lexington Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Window Coverings
    APN
    3400700028222001
    Parking features
    Parking Lot
    Interior features
    Attic
    Basement
    Block
    Appliances
    Dryer, Gas Water Heater, Range, Refrigerator, Washer
    Size
    6,468 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1891
    Flooring type
    Wood
    Building materials
    Vinyl Siding
    Architectural style
    Neoclassical

    Real Estate II, Inc. (937) 390-3119 [email protected]

    Listing agent Alva Fulk (937) 390-3119

    Listing date Jan 5, 2026

    Copyright © 2026 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Springfield Duplex: Beauty Multi-Plex

    Located in the Brain All subdivision, this newly renovated duplex presents an opportunity for business-minded buyers. The corner property has been transformed into a self-care beauty multi-plex, blending modern convenience with historic charm. The main level features 9 fully equipped salon suites, each with shampoo bowls, stylish suites, and lighting. The interior includes contemporary hard surface flooring, white trim, and sleek doors. The average suite size is 9x11, with 2 larger suites measuring 11x11. One suite is currently available for a new tenant. This level also offers 2 handicap-accessible bathrooms and a large entry waiting space, plus an 11x11 office suite with a private entry. A 9x10 community laundry/washroom is available for suite owners. The upper level, with an outside entry, houses 3 fully rented apartments. One unit offers 2 bedrooms, 1 bath, kitchen, and living room. These units feature new cabinetry, hard surface flooring, and neutral interior paint. The stairway leads to a common area used for communal laundry facilities. Off-street parking is available behind the building in a graveled lot with back door access. Significant improvements include new flooring in all units, updated plumbing, a new flat roof, and a new HVAC system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mills & Co. Real ... Real Estate Developer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.784088
    Latitude
    39.917328

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    FAQs

    What type of property is this?
    Retail space - Newly renovated duplex in Springfield, OH, as a self-care beauty multi-plex.
    Where is this retail space located?
    The property is located at 1701 Lexington Ave Springfield, OH.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: - High Weekly Cash Flow: Proven income generation with weekly cash flow of $5637-$6425 from salon suites.; - Turn-Key Business Opportunity: Fully equipped and renovated self-care beauty multi-plex ready for immediate operation.; - Steady Additional Income: Upper level features 3 fully rented apartments generating $2050 monthly.
    (937) 390-3119
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    1701 Lexington Ave Springfield, OH 45505
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    Springfield, OH 45505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 Lexington Ave Springfield, OH 45505
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