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    4 Main St Springfield, OH 45502-1300

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    4 Main St Springfield, OH 45502-1300


    • Office buildings
    • 112,284 SF
    • 0.71 lot acres
    Off-Market
    Last Sale Mar 21, 2025
    $955,000
    Property ID
    US66-0111341
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Borley Robert L / Law Firm
    • Lawrence J Hofbauer Attorney / Law Firm
    • Mr. Boudoir / (Bike/Boat/Book/etc) Store / Photography Service
    • Griffin James N / Law Firm / Insurance Agency
    • Springfield Wildlife Specialist / Animal Shelter / Pet Adoption Service

    Property Details for 4 Main St

    Year built
    1900
    Construction
    BRICK
    Lot size
    0.71 lot acres
    Property size
    112,284 SF
    Property type
    Office buildings
    APN
    340-07-00035-324-011
    APU
    3400700035324011

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $795,000
      ML approach
      $1,285,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8106
    Latitude
    39.9249
    CBSA code
    44220
    CBSA name
    SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $277,930
    $65,060
    $106,650
    $171,710
    -
    $185,880
    $304,700
    $490,580
    More about this property
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