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    Springfield, OH
    Restaurants

    Springfield, OH Restaurants for Sale

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    Urbana, OH Langsville, OH Freeport, OH Tremont City, OH Yellow Springs, OH Enon, OH New Carlisle, OH South Charleston, OH
    Found 6 restaurants for sale in Springfield, OH, averaging $284/sq ft. Use valuation data to compare deals faster.
    Restaurant Building with Patio
    Updated: Feb 18
    Restaurant Building with Patio

    1805 W 1st St, Springfield, OH 45504

    $2,495,000
    10,620 sqft 1.67 AC lot
    10,620‑square‑foot restaurant building on 1.67 acres
    Built in 1999 with concrete block, brick walls, and metal support beams
    Newer pitched roof plus metal flat roof
    160 parking spaces on a paved blacktop lot
    Approximately 30,000 vehicles per day on Troy Road
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    This listing looks promising.

    Here's a quick look at some key insights for

    1805 W 1st St, Springfield, OH 45504

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $207K
      Annual

    • Price @ 7% Cap

      $2.96M
      Above asking

    • Property Type

      Bar, Tavern
      Built 1999
    View Property Analytics
    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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    Turnkey Restaurant and Mixed-Use Building
    Turnkey Restaurant and Mixed-Use Building

    227 E Cecil Street, Springfield, OH 45503

    $1,100,000
    2,500 sqft

    Updated Cecil and Lime restaurant is paired with an ADA-compliant building offering office suites and an apartment.

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    Restored Mixed-Use Hospitality Property
    Restored Mixed-Use Hospitality Property

    4690 Urbana Rd, Springfield, OH 45502

    Contact for pricing
    12.00 AC lot

    Historic lodging, dining, banquet, and event facilities operate together across a wooded hospitality destination.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 6 Active listings in Springfield, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant with Drive-Thru and Patio
    Restaurant with Drive-Thru and Patio

    1549 S US Hwy 68, Urbana, OH 43078

    $525,000
    3,604 sqft 1.46 AC lot

    Turnkey restaurant and drive-thru on 1.46 acres along US Hwy 68, offered with liquor licenses and extensive equipment.

    View details
    Restaurant with Drive-Thru and Patio
    Restaurant with Drive-Thru and Patio

    1549 S US Hwy 68, Urbana, OH 43078

    $525,000
    3,604 sqft

    Turnkey restaurant and drive-thru offering an outdoor patio with entertainment features, liquor licenses, and extensive equipment included.

    View details
    Indian-American Restaurant Business
    Indian-American Restaurant Business

    60 S BROAD ST, Fairborn, OH 45324

    Contact for pricing
    5,430 sqft

    Business-only sale with a built-out commercial kitchen, dining area, and established restaurant operations.

    View details
    Restaurant Building with FF&E
    Restaurant Building with FF&E

    1156 Kauffman Ave, Fairborn, OH 45324

    Contact for pricing

    Restaurant property with included furniture, fixtures, equipment, and Keno/Lottery approval.

    View details

    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.

    View details
    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 Springfield, OH

    Consider similar Off-Market properties in Springfield, 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
    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
    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
    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
    42 Fountain Ave
    RESTAURANT

    42 Fountain Ave, Springfield, OH 45502-1117

    $700,000
    Estimated value
    25,660 sqft 0.17 AC lot
    View details

    Springfield, OH Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Springfield, OH, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 15,620 square feet of properties for sale, with an estimated market value of $4,345,000.

    Sale prices for restaurant properties in Springfield, OH start at $750,000, averaging $1,448,333, and reaching up to $2,495,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 8
    Bars & Pubs 1
    Drive through restaurants 1

    Demographics Overview

    Population 100K
    Population Growth (5Y) +0.3%
    Median Household Income $57,899
    College Educated 21.0%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    45503 $750K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clark County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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