610 Yellow Springs St, Springfield, OH 45506
This exceptional 4,362 square foot commercial property located at 610 S Yellow Springs Street in Springfield, Ohio, presents a unique investment opportunity. Situated on a 0.26-acre lot, this building boasts a rich history, having previously served as a vibrant social hub for the Knights of Pythias. The main area features a large bar area ideal for entertaining, perfect for a variety of commercial uses. The expansive layout continues to the rear, where a second bar, a fully equipped kitchen, and a sizable banquet area provide ample space for gatherings, events, or expansion. The property's versatility allows for a wide range of potential uses, from restaurants and event spaces to offices or retail establishments. The building's substantial size and existing infrastructure offer significant advantages for a prospective buyer. Off-street parking is available for convenience. A significant added benefit is the inclusion of four additional parcels of land, increasing the overall value and potential development opportunities. This property is priced at $135,000 and represents a remarkable chance to acquire a substantial commercial space with significant historical character and redevelopment potential in a desirable Springfield location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.