Three-Level Mixed-Use
New
For Sale
$495,000
42 W High St, Springfield, OH 45502
Four upper-level apartments sit above retail space occupied under a month-to-month lease.
Property Size17,119 SF
Lot Size0.15 Acres
Price / SF$28.95
Days on Market2
Property Features for 42 W High St
General Information
Standard status
Active
Size
17,119 SF
Lot size
0.15 Acres
Property subtype
Other
Additional Details
Multifamily Units
4
Building Details
Building Size
17,119 SF
Year Built
1900
Year Renovated
2023
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Coldwell Banker Heritage
Listed By:
Patrick Williams
(937) 504-6375
Source:
Commercialcafe
Added: Oct 4
Last Checked: Oct 4 at 2:20PM
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 Coldwell Banker Heritage
Investment Insights
Based on property information with market context.
This 1900-built mixed-use property has three levels and approximately 11,600 square feet above grade, along with a walk-out basement of approximately 5,500 square feet. The upper floors contain four apartments; two have been renovated with new flooring, paint, and appliances. Apartment details include high ceilings, decorative fireplaces, pocket doors, ornate tilework, and private deck areas. Recent work also includes a roof repair and updates to the shared hallway. Materials for flooring and electrical work on another unit are included in the sale.
The ground-floor retail area measures approximately 5,255 square feet and is leased month-to-month. The retail tenant pays its own utilities. The property occupies a 0.147-acre lot at 42 W High St in downtown Springfield, Ohio.
The ground-floor retail area measures approximately 5,255 square feet and is leased month-to-month. The retail tenant pays its own utilities. The property occupies a 0.147-acre lot at 42 W High St in downtown Springfield, Ohio.
Key Highlights
- Approximately 11,600 square feet above grade across three levels, plus an approximately 5,500‑square‑foot walk‑out basement
- Four upper‑floor apartments; two have received new flooring, paint, and appliances
- Approximately 5,255‑square‑foot ground‑floor retail space with a month‑to‑month lease
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 45502, OH
16,767
Population
7,073
Households
2.4
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
115.3 sq mi
ZIP Area
145
Density / Sq Mi
$87,378
Median Household Income
$49,402
Median Earnings
$886
Median Rent
$225,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four upper-level apartments sit above retail space occupied under a month-to-month lease.
Where is this mixed-use property located?
The property is located at 42 W High St Springfield, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Approximately 11,600 square feet above grade across three levels, plus an approximately 5,500‑square‑foot walk‑out basement; Four upper‑floor apartments; two have received new flooring, paint, and appliances; Approximately 5,255‑square‑foot ground‑floor retail space with a month‑to‑month lease
