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    610 Yellow Springs St Springfield, OH 45506

    For Sale
    $135,000

    Historic building, huge potential, 4,362 sq ft.

    Property size:
    4,362 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 4,362 square foot commercial property located at 610 S Yellow Springs Street in Springfield, Ohio, presents a unique investment opportunity. Situated on a 0.26-acre lot, this building boasts a rich history, having previously served as a vibrant social hub for the Knights of Pythias. The main area features a large bar area ideal for entertaining, perfect for a variety of commercial uses. The expansive layout continues to the rear, where a second bar, a fully equipped kitchen, and a sizable banquet area provide ample space for gatherings, events, or expansion. The property's versatility allows for a wide range of potential uses, from restaurants and event spaces to offices or retail establishments. The building's substantial size and existing infrastructure offer significant advantages for a prospective buyer. Off-street parking is available for convenience. A significant added benefit is the inclusion of four additional parcels of land, increasing the overall value and potential development opportunities. This property is priced at $135,000 and represents a remarkable chance to acquire a substantial commercial space with significant historical character and redevelopment potential in a desirable Springfield location.

    Property Features for 610 Yellow Springs St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,362 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.82198
    Latitude
    39.91791

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, huge potential, 4,362 sq ft.
    Where is this commercial real estate located?
    The property is located at 610 Yellow Springs St Springfield, OH.
    What is the asking price?
    The asking price for this property is $135,000.
    (614) 778-8503
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    610 Yellow Springs St Springfield, OH 45506
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    Springfield, OH 45506
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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
    610 Yellow Springs St Springfield, OH 45506
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