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401 North St Springfield, OH 45504

OFF-MARKET Retail properties & Spaces Google Maps
11,180 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial property, located at 401 West North Street in Springfield, Ohio, presents a significant opportunity for retail businesses seeking a prominent location. The property boasts a substantial 11,180 square feet of vacant retail space, situated on a generous 1.53-acre lot. The single-tenant building offers flexibility for a wide range of retail concepts, providing ample space for inventory, display, and customer interaction. Its prime location in Clark County, Ohio, ensures high visibility and accessibility for customers. The property is zoned for commercial use and is ready for immediate occupancy. The expansive lot size offers potential for future expansion or additional development, providing significant long-term growth opportunities. This property is ideal for businesses seeking a large, well-located space to establish or expand their operations. The address is 401 W North St, Springfield, OH 45504. The property is currently available for lease. This is a rare opportunity to secure a significant retail presence in a thriving community. The building's size and the expansive lot provide a unique opportunity for a business seeking a substantial footprint in the Springfield market. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,180 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Bank Credit Union
  • Grocery & Convenience Store
  • Atm
  • Pharmacy

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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