115 Burnett Rd Springfield, OH 45505-1402
- Retail space
- 1,088 SF
- 0.17 lot acres
Current Use by Public Records
- Panache Style & Tan / Tanning Salon
Property Details for 115 Burnett Rd
- Year built
- 1924
- Construction
- FRAME
- Lot size
- 0.17 lot acres
- Property size
- 1,088 SF
- Property type
- Retail space
- APN
- 340-07-00022-100-011
- APU
- 3400700022100011
Description
This exceptional Springfield, OH commercial property presents a unique investment opportunity. Located at 115 S Burnett Road, this 1,088 square foot building sits on a 0.17-acre lot and is currently configured as a well-established salon, offering immediate income potential. The property boasts six finished rooms, including a spacious waiting room (15x8), a versatile office or tanning room (8x8), a main working area with multiple stations (11x11), an additional 11x9 room, a kitchen with eat-in nook (10x11 + 10x7), and a full bathroom. The lower level offers additional space, partially finished with a laundry area (washer and dryer included) and ample storage in two separate rooms. A significant advantage is the oversized paved private parking lot to the rear, providing convenient access for clients and employees. Furthermore, a detached 32x28 garage with tandem doors offers versatile storage options or potential rental income. The property is zoned City RS-5 (Low Density Single Family Residential District). An inventory list of included hair products, color, and equipment is available upon request. Priced at $150,000, this property is ideal for a savvy investor seeking a turnkey business or a blank canvas for a new venture. The current limited operating schedule presents an opportunity to expand business hours and increase revenue.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.7702
- Latitude
- 39.9214
- CBSA code
- 44220
- CBSA name
- SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA