Springfield, OH Spa & wellness properties for sale

Updated: Oct 10, 2024

Renovated Salon Suites Duplex

1701 Lexington Avenue, Springfield, OH 45505

$690,000

6,468 sqft 0.17 AC lot

Self‑care beauty multi‑plex with 9 fully equipped salon suites on the main level, with all but 1 suite currently rented on a weekly basis
Upper level has 3 fully rented apartments (2 bed/1 bath unit plus other units) with new cabinetry and hard surface flooring
Income details provided: main‑level weekly cash flow of 4 Fridays at $5,637 or 5 Fridays at $6,425 (with 1 suite vacancy); upper‑level income of $2,050/month
Significant improvements include updated plumbing and a new flat roof, plus new flooring in all units and a new HVAC system
Parking and access include off‑street parking behind the building on a gravel lot and a back door exit accessible

View details

This listing looks promising.

Here's a quick look at some key insights for

1701 Lexington Avenue, Springfield, OH 45505

View Property Analytics

Est. Cap Rate

3.2%
NOI ÷ price
Est. NOI

$22K
Annual
Mortgage

$80K
Feb 2023
Last Sold

Mar 2021
$35K
Property Type

Retail Stores
Built 1891

View Property Analytics

Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Plumbed Salon or Office Suite

240 E Lake Street, Lakeview, OH 43331

$169,900

1,008 sqft 0.24 AC lot

Flexible interior with an open layout and plumbing in place for a hair and nail salon.

View details

Retail and Service Building

150 E Lake Street, Lakeview, OH 43331

$219,900

2,400 sqft 0.21 AC lot

Well-maintained 2,400 sq ft building with updated roof, siding, and storefront windows plus an 18-space paved parking lot.

View details

Multi-Level Office and Wellness Building

8924 N Dixie Dr, Dayton, OH 45414

Contact for pricing

1,400 sqft

Two-level, six-room space with updated flooring and a small kitchen, suited for professional offices or treatment use.

View details

Renovated Retail Building in Dayton

1620 E 5th St, Dayton, OH

Contact for pricing

1,380 sqft 0.11 AC lot

Turn-key retail building with income potential in St. Anne's Hill.

View details

Springfield, OH Spa & Wellness Properties Market Trends and Statistics

Explore 1 spa & wellness properties for sale in Springfield, OH on our real estate platform. These investment opportunities span a total of 6,468 square feet of properties for sale, with an estimated market value of $690,000.

Sale prices for spa & wellness properties in Springfield, OH average $690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
45505	$690K

Neighborhood

Average Price

45505

$690K

Springfield, OH Spa & Wellness Properties for Sale

1701 Lexington Avenue, Springfield, OH 45505