1701 Lexington Avenue, Springfield, OH 45505

Building Details

Year Built

1891

Listing agent Alva Fulk

Listing office Real Estate II, Inc. Show Phone

Listing date Oct 9, 2024

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Real Estate II, Inc.

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Overview

This newly renovated duplex is located in the Brain All subdivision. The corner property has been transformed into a self-care beauty multi-plex. The main level features 9 fully equipped salon suites, complete with shampoo bowls, stylish suits, and ample lighting. Designed with contemporary hard surface flooring, white trim, and sleek doors, the interior creates a fresh, professional atmosphere. The average suite size is 9x11, with 2 larger suites measuring 11x11. This level also offers 2 handicap-accessible bathrooms plus a large entry waiting space and an 11x11 office suite with a private entry. A 9x10 community laundry/washroom is available for suite owners. The upper level houses 3 fully rented apartments. One unit offers 2 bedrooms, 1 bath, kitchen, and living room. These units have new cabinetry, hard surface flooring, and neutral interior paint. The stairway leads to the common area used for communal laundry facilities. There is off-street parking available behind the building in a graveled lot with back door exit accessible. Significant improvements include new flooring in all units, updated plumbing, a new flat roof, and a new HVAC system. The property size is 6468 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Similar Places Nearby

• Kroger Floral Department — 2728 E Main St, Springfield, OH 45503
• Agle Polly A — Springfield, OH 45505

Location Insight

• Map
• Local Demand

City

Springfield

County

Clark

State

Ohio

Longitude

-83.7840155

Latitude

39.9174353

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FAQs

What type of property is this?

Storefront property - Newly renovated duplex in Brain All subdivision, a self-care beauty multi-plex.

Where is this storefront property located?

The property is located at 1701 Lexington Avenue 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 between $5637 and $6425 from salon suites.; Fully Equipped Salon Suites: Nine ready‑to‑rent salon suites with shampoo bowls, stylish suites, and ample lighting.; Additional Apartment Income: Three fully rented apartments providing a steady monthly income of $2050.