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    Renovated Salon Multiplex Title is generated by Realmo AI

    1701 Lexington Avenue, Springfield, OH 45505

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    For Sale
    $690,000

    MULTI_FAMILY - Neoclassical - Springfield, OH

    Property size:
    6,468 SF
    Price / SF:
    $106/SF
    Added:
    Oct 10, 2024
    Days on Market:
    612
    Last Refresh:
    Jun 13 at 9:06 pm

    Property Features for 1701 Lexington Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Parking features
    Garage
    Window features
    Window Coverings
    Interior features
    Attic
    Basement
    Partial, Unfinished
    Appliances
    Dryer, Gas Water Heater, Washer
    Standard status
    Active
    APN
    340070002822200100
    Size
    6,468 SF

    Taxes and HOA fees

    Tax Year
    2025

    Utilities

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

    Building Details

    Year built
    1891
    Floors in Building
    2
    Number of units
    3
    Building materials
    Aluminum Siding
    Architectural style
    Neoclassical

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    Listing Contact
    Alva Fulk

    Listing agent Alva Fulk

    Listing office Real Estate II, Inc. 1140 E Home Rd., Springfield, OH

    Listing date Oct 10, 2024

    MLS# 1034977 Listing URL

    Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Newly renovated duplex remodeled as a self‑care beauty multi‑plex with 9 fully equipped salon suites on the main level
    • Weekly cash flow reported as 4 Fridays-$5,637 or 5 Fridays-$6,425 with 1 suite vacancy; all suites rented on a weekly basis with 1 currently available
    • Main level includes 2 handicap accessible bathrooms and a separate office suite (11x11) with private entry
    • Upper level provides 3 fully rented apartments (outside entry) with one 2BR/1BA unit plus kitchen and living room; new cabinetry and hard surface flooring
    • Recent updates include new flat roof, new HVAC system, updated plumbing, and new flooring in all units
    • Off‑street parking behind the building with a graveled lot; corner property with public sewer and natural gas forced‑air heat with central air

    Overview

    This newly renovated duplex has been re-imagined as a self-care beauty multi-plex, combining fully equipped salon suites with additional income on the upper level. The main level features nine salon suites with shampoo bowls, suited finishes, and ample lighting, supported by contemporary hard-surface flooring, white trim, and sleek doors. The layout also includes two handicap-accessible bathrooms and a large entry waiting area, plus an on-site office suite with a private entry. Suite owners can use a 9x10 community laundry/washroom for day-to-day operations. The upper level, accessed via an outside entry, contains three fully rented apartments, including units with two bedrooms and one bath, as well as a shared common area used for communal laundry. Recent improvements include new flooring in all units, updated plumbing, a new flat roof, and a new HVAC system.

    Located at 1701 Lexington Avenue in Springfield, Ohio (Clark County), the property is described as a corner building. Off-street parking is available behind the building on a graveled lot, and there is a back door exit accessible from the premises.

    For operators and buyers seeking an all-in-one property with active suite-based operations and apartment units on the same building, this configuration provides dedicated space for salon work on the main level and separate residential units above. The property is positioned for immediate occupancy with turn-key updates and in-building amenities supporting both suite and apartment day-to-day use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mills & Co. Real ... Construction Company

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.7841
    Latitude
    39.917331

    FAQs

    What type of property is this?
    Retail space - Turn-key salon suite complex with weekly-rented suites plus apartments above for diversified on-site use.
    Where is this retail space 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: Newly renovated duplex remodeled as a self‑care beauty multi‑plex with 9 fully equipped salon suites on the main level; Weekly cash flow reported as 4 Fridays-$5,637 or 5 Fridays-$6,425 with 1 suite vacancy; all suites rented on a weekly basis with 1 currently available; Main level includes 2 handicap accessible bathrooms and a separate office suite (11x11) with private entry
    More about this property
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