Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    325 Columbia St Springfield, OH 45504

    For Sale
    $1,750,000

    2-Acre Motel, 80+ Units, Prime Location

    Property size:
    26,656 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property in Springfield, OH, presents a prime investment opportunity. The 26,656 square foot, two-story building currently operates as a 78-unit economy motel, featuring a mix of King and Double Queen suites, designed to cater to diverse guest needs. Situated on a 2-acre lot comprised of five parcels (3400035320002, 3400700035320003, 34007000353220004, 3400700035320005, 340070035320006

    Property Features for 325 Columbia St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    26,656 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1963
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Executive Inn Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.81694
    Latitude
    39.92604

    Nearby Similar for Sale

    • Contact for pricing
      45,000 SF

      Former Rockway School on 8+ Acres

      Former school with redevelopment potential near downtown Springfield.
      3500 W National Rd, Springfield, OH 45504
      View Details
    • New
      $690,000
      6,468 SF

      Renovated Duplex - Self-Care Beauty Multi-Plex

      Newly renovated duplex transformed into a self-care beauty multi-plex.
      1701 Lexington Ave, Springfield, OH 45505
      View Details
    • $215,000
      2,862 SF

      Updated Duplex in Springfield, Ohio

      Updated duplex with two units, each featuring 2 bedrooms/1 bathroom.
      836-838 Rodgers Dr, Springfield, OH 45503
      View Details
    • $124,900
      2,616 SF

      Springfield Duplex with Natural Woodwork

      Investment opportunity: duplex with character, vacant unit available.
      1361-1363 Woodward Ave, Springfield, OH 45506
      View Details
    • New
      $1,325,000
      140.00 Acres

      Premier Acres in Central Ohio

      Over 140 acres zoned for residential or golf course.
      500 Roscommon Dr, Springfield, OH 45503
      View Details
    • New
      $189,000
      2,344 SF

      Updated Duplex with High Cap

      Updated duplex generating $2,400 monthly with strong cash flow.
      400 S Arlington Ave, Springfield, OH 45505
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 2-Acre Motel, 80+ Units, Prime Location
    Where is this commercial real estate located?
    The property is located at 325 Columbia St Springfield, OH.
    What is the asking price?
    The asking price for this property is $1,750,000.
    (937) 390-3119
    Request Owner's contact information
    325 Columbia St Springfield, OH 45504
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    325 Columbia St
    Springfield, OH 45504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    325 Columbia St Springfield, OH 45504
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.