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    Property profile & analytics
    OFF-MARKET Estimated value $545,000
    Turn key restaurants

    4690 Urbana Rd, Springfield, OH 45502-9503

    3,336 SF 12.04 ac lot Built 1828
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US66-0210875
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents the Simon Kenton Inn, a historically significant property spanning 12 acres in Springfield, Ohio. Built in 1828 and meticulously renovated between 2005 and 2017, this unique property boasts 16,000 square feet across eight buildings, including the historic inn, three luxury treehouses, a caretaker's cottage, and the impressive 6,500-square-foot Kenton Hall, the largest banquet facility within a 30+ mile radius. The inn features a working historic kitchen, a separate commercial kitchen, a public restaurant and pub, two outdoor patios, multiple interior dining rooms, and five private B&B-style rooms. The property also includes a barn with four ADA-accessible rooms and an owner's residence (convertible to guest use). The Springhouse, dating back to 1828, adds to the historical charm. The inn operates as three distinct but synergistic businesses: a public restaurant and pub, a lodging resort, and a special events venue, attracting approximately 25,000 guests annually. With a strong track record and bookings extending into the future, this is a turn-key operation with significant expansion potential. The property offers a 9.44% cap rate, a $235,884 NOI, and is listed at $2,500,000 ($156.25/sq ft). Owner financing is available. This is a rare chance to acquire a profitable, historically significant property with substantial growth opportunities. The property includes 15 units and 15 beds.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1828
    Construction BRICK
    Total area 3,336 SF
    Lot 12.04 ac (524,462 SF)
    Zoning code PD-M
    APN 220-03-00033-000-062
    UPID US66-0210875
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Simon Kenton Inn Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $512k
    Blend (final) Blend
    $545k
    Owner & transaction history
    Theresa R Siejack LLC · 17 yrs held
    Theresa R Siejack LLC
    since 2008
    7 recorded transactions
    2022
    2020
    2017
    2008
    2008
    $80,000
    2005
    $250,000
    1969
    Zoning & alternative use
    PD-M · Springfield, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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