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    Turnkey Restaurant with Income Property
    Updated: Jul 6
    Turnkey Restaurant with Income Property

    227 E Cecil Street, Springfield, OH 45503

    $750,000
    2,500 sqft
    Package includes the Cecil and Lime restaurant plus adjacent income‑producing property at 914 N. Fountain Avenue (3 parcels conveyed).
    Restaurant has extensive recent updates, including newer roof, remodeled interior, upgraded bar area, updated flooring, fresh paint, and improved mechanical systems.
    Large deck and patio area added for outdoor dining.
    914 N. Fountain Avenue is ADA compliant and offers mixed‑use space with about eight office suites on the main floor.
    Upper level includes a three‑bedroom apartment accessible by elevator; also has a full unfinished attic and a walkout basement with break room and full bathroom.
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    This listing looks promising.

    Here's a quick look at some key insights for

    227 E Cecil Street, Springfield, OH, OH 45503

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $49K
      Annual

    • Price @ 7% Cap

      $697K
      Suggested

    • Property Type

      Restaurant
      Built 1915
    View Property Analytics
    Turnkey Restaurant and Mixed-Use Building
    Updated: Mar 16
    Turnkey Restaurant and Mixed-Use Building

    227 E Cecil St, Springfield, OH 45503

    Contact for pricing
    6,000 sqft
    Cecil and Lime restaurant (Year built 1913) with extensive updates including newer roof, remodeled interior, upgraded bar, updated flooring, and fresh paint.
    Large deck and patio added, creating one of the largest outdoor dining areas for the restaurant.
    Package includes adjacent income‑producing property at 914 N. Fountain Avenue (3 parcels conveyed).
    914 N. Fountain Avenue offers about eight professional office suites on the main floor and a three‑bedroom apartment on the upper level accessible by elevator.
    914 N. Fountain Avenue includes a full unfinished attic and a full walkout basement with a break room and full bathroom.
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    Restaurant with Apartments and Licenses
    Restaurant with Apartments and Licenses

    229 N Belmont Ave, Springfield, OH 45503

    Contact for pricing

    Turnkey restaurant with two apartments, liquor license, and equipment.

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    Mixed-Use Bar and Apartment Building
    Mixed-Use Bar and Apartment Building

    801 E Pleasant Street, Springfield, OH 45505

    Contact for pricing

    Two 2BR/2BA apartments above a full-service bar, plus transferrable liquor license and a full basement.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 4 Active listings in Clark County, OH, we suggest exploring several alternatives: similar 68 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Downtown Automotive Retail Parcels
    Downtown Automotive Retail Parcels

    22 S Plum Street, Springfield, OH 45506

    $275,000
    1,804 sqft 0.28 AC lot

    Two parcels for sale at 22 S Plum Street in Downtown Springfield, zoned CN-2 and UPOD overlay districts.

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    Commercial Corner Land with Dual Frontage
    Commercial Corner Land with Dual Frontage

    2200 N Gettysburg Avenue, Dayton, OH 45406

    $55,000
    0.87 AC lot

    Two-lot commercial site with dual street frontage, designed for flexible development, parking, and strong visibility.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    333 S Main Street, Bellefontaine, OH 43311

    $599,900
    1.15 AC lot

    Commercial land with 364 feet of road frontage along S. Main Street and B-2 zoning across five parcels.

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    Off-Market Properties in Clark County, OH

    Consider similar Off-Market properties in Clark County, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1911 Limestone St
    RESTAURANT

    1911 Limestone St, Springfield, OH 45505-4045

    $305,000
    Estimated value
    13,442 sqft 1.71 AC lot
    View details
    501 York St
    RESTAURANT

    501 York St, Springfield, OH 45505-2146

    $180,000
    Estimated value
    2,255 sqft 0.16 AC lot
    View details
    25 Mound St
    RESTAURANT

    25 Mound St, South Charleston, OH 45368-9531

    $200,000
    Estimated value
    2,400 sqft 0.08 AC lot
    View details
    1806 Main St
    RESTAURANT

    1806 Main St, Springfield, OH 45503

    $445,000
    Estimated value
    2,048 sqft 0.12 AC lot
    View details
    227 Cecil St
    RESTAURANT

    227 Cecil St, Springfield, OH 45503-3601

    $285,000
    Estimated value
    2,624 sqft 0.15 AC lot
    View details
    2217 Limestone St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2217 Limestone St, Springfield, OH 45505-4731

    $290,000
    Estimated value
    2,463 sqft 0.49 AC lot
    View details
    2123 Limestone St
    RESTAURANT

    2123 Limestone St, Springfield, OH 45505-4729

    $260,000
    Estimated value
    1,918 sqft 0.20 AC lot
    View details
    2100 Limestone St
    RESTAURANT

    2100 Limestone St, Springfield, OH 45505-4730

    $245,000
    Estimated value
    5,100 sqft 0.08 AC lot
    View details
    1720 Bechtle Ave
    RESTAURANT

    1720 Bechtle Ave, Springfield, OH 45504-1573

    $1,300,000
    Estimated value
    5,314 sqft 2.56 AC lot
    View details
    6880 Springfield Xenia Rd
    RESTAURANT

    6880 Springfield Xenia Rd, Yellow Springs, OH 45387-9610

    $310,000
    Estimated value
    2,111 sqft 93.00 AC lot
    View details
    1830 Bechtle Ave
    RESTAURANT

    1830 Bechtle Ave, Springfield, OH 45504-1579

    $430,000
    Estimated value
    6,682 sqft 1.74 AC lot
    View details
    2045 Lagonda Ave
    RESTAURANT

    2045 Lagonda Ave, Springfield, OH 45503-3501

    $250,000
    Estimated value
    4,494 sqft 0.21 AC lot
    View details
    2130 Limestone St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2130 Limestone St, Springfield, OH 45505-4730

    $255,000
    Estimated value
    1,219 sqft 0.16 AC lot
    View details
    1070 Warder St
    RESTAURANT

    1070 Warder St, Springfield, OH 45503-4349

    $70,000
    Estimated value
    2,238 sqft 0.14 AC lot
    View details
    1005 Burnett Rd
    RESTAURANT

    1005 Burnett Rd, Springfield, OH 45505-2748

    $85,000
    Estimated value
    1,824 sqft 0.19 AC lot
    View details
    5 Murray St
    RESTAURANT

    5 Murray St, Springfield, OH 45503-4428

    $65,000
    Estimated value
    1,484 sqft 0.09 AC lot
    View details
    10982 National Rd
    RESTAURANT

    10982 National Rd, New Carlisle, OH 45344-9703

    $105,000
    Estimated value
    1,903 sqft 2.00 AC lot
    View details
    2209 Limestone St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2209 Limestone St, Springfield, OH 45505-4731

    $250,000
    Estimated value
    2,984 sqft 0.94 AC lot
    View details
    213 Lyle Ave
    RESTAURANT

    213 Lyle Ave, Springfield, OH 45505-4949

    $170,000
    Estimated value
    2,027 sqft 0.18 AC lot
    View details
    204 Main St
    RESTAURANT

    204 Main St, Springfield, OH 45503-4222

    $210,000
    Estimated value
    3,060 sqft 0.08 AC lot
    View details

    Clark County, OH Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Clark County, OH, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,500 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for restaurant properties in Clark County, OH average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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