429 Limestone St Springfield, OH 45505
- Retail space
- 1,872 SF
- 0.56 lot acres
Current Use by Public Records
- Hope No Dope Fellowship Hall / Place Of Worship
Property Details for 429 Limestone St
- Year built
- 1950
- Construction
- FRAME
- Lot size
- 0.56 lot acres
- Property size
- 1,872 SF
- Property type
- Retail space
- APN
- 340-07-00034-130-016
- APU
- 3400700034130016
Description
This exceptional special-purpose property, located at 429 S Limestone Street in Springfield, Ohio, presents a unique investment opportunity. Situated on a substantial 24,393.6 square foot corner lot, this property boasts unparalleled visibility at the busy intersection of S. Limestone St, West Pleasant St, Spring St, and Selma Road. Currently operating as a car lot, the property includes two service bays, a spacious office, a medium-sized storage room, and one bathroom. The existing infrastructure allows for efficient operations, and there's potential to add a second bathroom to enhance functionality. Two convenient driveways provide easy access for customers and inventory management. The asking price is $290,000, translating to $154.91 per square foot. This property's high-traffic location and existing improvements make it ideal for a variety of uses, offering significant potential for return on investment. The property's size and strategic placement offer considerable flexibility for future development or continued operation as a car lot. The existing building provides immediate income potential, while the expansive lot allows for potential expansion or redevelopment. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Ohio market. The property is zoned for commercial use and is ready for immediate occupancy. Serious inquiries are encouraged.
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
- -83.8093
- Latitude
- 39.919
- CBSA code
- 44220
- CBSA name
- SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA