Office Suite with Private
1919 E High Street, Springfield, OH 45505
For Sale
$250,000
Under Contract
Commercial Sale, Springfield, OH
Property Size1,850 SF
Lot Size0.28 Acres
Price / SF$135.14
Days on Market116
Property Features for 1919 E High Street
General Information
Property type
Property subtype
Basement
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Building materials
Listing Agency:
Always Sunny Realty, LLC
Listed By:
Sunny R Dhingra · License #2015003696
(937) 308-1122
Added: Jul 15
Changed: Oct 18
Last Checked: Nov 7 at 11:06PM
MLS# 1047065
Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The right-side office unit at 1919 E High Street provides 1,850 square feet of professional workspace within a brick building constructed in 1976. Its layout includes seven private offices or patient rooms, five with sinks and water access, along with a reception area, waiting room, operatory, two restrooms, and a full basement for storage. Three separate entrances support practical access throughout the suite.
The property occupies 0.28 acres in Springfield, Ohio, with rear parking. Building systems include natural gas forced-air heat, central air, and public sewer. The existing configuration supports medical, dental, legal, accounting, counseling, and general office operations.
The property occupies 0.28 acres in Springfield, Ohio, with rear parking. Building systems include natural gas forced-air heat, central air, and public sewer. The existing configuration supports medical, dental, legal, accounting, counseling, and general office operations.
Key Highlights
- 1,850‑square‑foot right‑side office unit at 1919 E High Street
- Seven private offices or patient rooms, including five with sinks and water access
- Reception area, waiting room, operatory, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,158
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,160
$443.2K
Cap Rate 7%
$316,543
$316.5K
Cap Rate 9%
$246,200
$246.2K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$40.4K $21.84/SF
− Vacancy
−$3.5K −$1.88/SF
EGI
$36.9K $19.96/SF
− OpEx
−$14.8K −$7.98/SF
NOI
$22.2K $11.98/SF
Area
Clark County, OH
Vacancy
8.60%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,160
Cap Rate 7%
$316,543
Cap Rate 9%
$246,200
Alternative Uses
Best Use
Office B
$352.0K
$308.0K – $410.7K
NOI $24,640 @ 7.0% cap · market cap 9.86%
Second Best
Healthcare Medical
$316.5K
$277.0K – $369.3K
NOI $22,158 @ 7.0% cap · market cap 8.86%
Theoretical Best
Specialty Retail
$516.0K
$451.5K – $602.0K
NOI $36,121 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
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Business Placement
Demographics for 45505, OH
19,708
Population
9,365
Households
2.1
Avg Household Size
38
Median Age
10%
College-Educated
84%
High-School Grad
13.6 sq mi
ZIP Area
1,449
Density / Sq Mi
$42,409
Median Household Income
$30,322
Median Earnings
$802
Median Rent
$87,500
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Brick office unit with reception, waiting area, basement storage, and three entrances.
Where is this office unit located?
The property is located at 1919 E High Street Springfield, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,850‑square‑foot right‑side office unit at 1919 E High Street; Seven private offices or patient rooms, including five with sinks and water access; Reception area, waiting room, operatory, and two restrooms
