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    5 North St Springfield, OH 45504

    For Lease
    $17 SF/Yr

    Prime Office, 6,000 sq ft, Available Now

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional multi-tenant office building is situated in the vibrant heart of downtown Springfield, Ohio. Located at 5 W North St, zip code 45504, this property offers a substantial 6,000 square feet of traditional office space, currently with one suite available. The building is conveniently located within the Dayton submarket of Clark County, providing easy access to major transportation routes and amenities. The available space is situated on the second floor, offering a desirable and potentially quieter work environment. Ample parking is available for tenants and their clients, a significant advantage in a bustling downtown area. The building's multi-tenant structure provides a diverse and dynamic atmosphere, fostering a sense of community among businesses. This is an excellent opportunity for a business seeking a prominent location in a thriving downtown setting. The property is classified as a traditional office space, ideal for a variety of professional uses. Its central location in Springfield, Ohio, offers unparalleled access to the city's resources and a strong local workforce. This space presents a unique chance to establish or expand your business in a highly visible and accessible location. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 5 North St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    6,000 SF
    Rate per SF
    $17

    HighLights

    • 6,000 square feet of traditional office space in downtown Springfield, Ohio.
    • One suite currently available on the second floor.
    • Located at 5 W North St, Springfield, OH 45504, in the Dayton submarket of Clark County.
    • Ample on‑site parking.
    • Multi‑tenant building offering a diverse business environment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Huntington Bank Bank Huntington Bank ATM ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8104284
    Latitude
    39.9267882

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office, 6,000 sq ft, Available Now
    Where is this office property / space located?
    The property is located at 5 North St Springfield, OH.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 6,000 square feet of traditional office space in downtown Springfield, Ohio.; One suite currently available on the second floor.; Located at 5 W North St, Springfield, OH 45504, in the Dayton submarket of Clark County.
    Request Owner's contact information
    5 North St Springfield, OH 45504
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    Springfield, OH 45504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 North St Springfield, OH 45504
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