1701 Lexington Avenue, Springfield, OH 45505
COMMERCIAL - Neoclassical - Springfield, OH
- 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
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Window features
- Window Coverings
- Interior features
- Attic
- Basement
- Block
- Appliances
- Dryer, Gas Water Heater, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 3400700028222001
- Size
- 6,468 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1891
- Flooring type
- Wood
- Building materials
- Vinyl Siding
- Architectural style
- Neoclassical
Listing agent Alva Fulk (937) 390-3119
Listing office Real Estate II, Inc. 1140 E Home Rd., Springfield, OH (937) 390-3119
Listing date Oct 10, 2024
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
- Converted into a self‑care beauty multi‑plex with 9 salon suites on the main level, rented on a weekly basis (only 1 suite currently available).
- Suite details: avg size 9x11 SF; two larger suites are 11x11. Main level includes 2 handicap accessible bathrooms and a large entry waiting area.
- Office suite on main level: 11x11 SF with a private entry; community laundry/washroom for suite owners is 9x10 SF.
- Upper level has 3 fully rented apartments with an outside entry: 1 unit with 2 bedrooms, 1 bath, kitchen, and living room.
- Income figures provided: weekly cash flow listed as 4 Fridays at $5,637 or 5 Fridays at $6,425 (with 1 suite vacancy); upper‑level income $2,050/month; low 5% vacancy.
- Major renovations/improvements listed: new flooring in all units, updated plumbing, new flat roof, and new HVAC; built in 1891.
Overview
The upper level, accessed via an outside entry, includes three fully rented apartments. One unit offers two bedrooms, one bath, a kitchen, and a living room, with 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, and a back door exit is accessible. The property is located in the heart of the Brain All subdivision in Springfield, Ohio, and is a corner property.
The seller states current income figures of 4 Fridays at $5,637 or 5 Fridays at $6,425, based on current rates with one suite vacancy, alongside upper-level monthly income of $2,050. Updates include new flooring in all units, updated plumbing, a new flat roof, and a new HVAC system, supporting a move-in ready, turn-key setup for an owner-operator or an investor seeking a mixed-use configuration.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.784088
- Latitude
- 39.917328
