4 Main St Springfield, OH 45502-1300

This exceptional 0.71-acre commercial land parcel, located at 4 West Main Street in Springfield, Ohio, presents a unique investment opportunity. Priced at $850,000, the property offers significant potential for redevelopment. While the site itself is 3,000 square feet, the marketing materials highlight an adjacent 78,141 square foot, nine-story building currently vacant. This building, constructed in 1900, boasts beautiful turn-of-the-century architecture and features a large paved parking lot in the rear, plus adjacency to a multi-level city parking garage. The building's ground level previously housed a bank with a drive-thru window. Its prime location offers exceptional visibility, being across the street from a Key Bank complex, next to a city park, and just one block from Ohio Valley Surgical Hospital. The proximity to the new Joby Aviation plant further enhances its appeal. The property is sold "as is," with personal items to be removed by the seller. Note that the building requires repairs to the elevator and boilers, as well as some general rehabilitation, per city orders. The building was partially occupied until approximately 2023. The seller also owns two similar properties nearby (138 E High St and 126 E High St) that are also available for sale, potentially as a three-building portfolio. This presents a rare chance to acquire a strategically located property with substantial redevelopment potential in a thriving Ohio community.