Spa & Wellness

Springfield, OH Spa & Wellness Properties for Sale

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Renovated Mixed-Use Property
Updated: Oct 10, 2024
Renovated Mixed-Use Property

1701 Lexington Avenue, Springfield, OH 45505

$690,000
6,468 sqft 0.17 AC lot
6,468‑square‑foot mixed‑use building on 0.17 acres
9 salon suites with shampoo bowls and one suite currently available
3 apartments on the upper level with exterior access
Main level includes 2 handicap‑accessible bathrooms and an 11x11 private‑entry office
Recent improvements include updated plumbing, new flat roof, flooring, and HVAC
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Mixed-Use Building with Salon Suites
Updated: Oct 14, 2024
Mixed-Use Building with Salon Suites

1701 Lexington Avenue, Springfield, OH 45505

$690,000
6,468 sqft
6,468‑square‑foot mixed‑use property with salon suites and three apartments
Nine salon suites; average size is 9 by 11 feet, with two suites measuring 11 by 11 feet
Salon suites include shampoo bowls; one 11‑by‑11‑foot office has a private entrance
Three fully rented upper‑floor apartments have a separate exterior entrance
Two accessible bathrooms, a large waiting area and shared laundry facilities
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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2 active listings match your search: Spa & Wellness for sale in Springfield, OH. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Renovated Spa & Wellness Property
Renovated Spa & Wellness Property

1971 Central Avenue, Middletown, OH 45044

$699,000
5,551 sqft  0.23 acres  1 building  Built 1960  Multi-tenant
$60,000 gross income  Road access  B-3

Renovated freestanding commercial building with salon suites, on-site parking, drive-through infrastructure, and B-3 zoning.

Open lobby  High-visibility signage  Drive-thru canopy
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Renovated Spa and Wellness Building
Renovated Spa and Wellness Building

1971 Central Ave, Middletown, OH 45044

$699,000
5,551 sqft  1 building  Multi-tenant
$60,000 gross income  Road access  B-3

Freestanding commercial property with private suites, an open lobby, dedicated parking, and dual-street access.

Drive-thru canopy  High-visibility signage  Open lobby
View details
Flexible Brick Storefront
Flexible Brick Storefront

240 E Lake Street, Lakeview, OH 43331

$169,900
1,008 sqft  Built 1969  0.24 acres

Open interior with salon plumbing supports retail, office, wellness, or medical use.

View details
Updated Storefront Commercial Building
Updated Storefront Commercial Building

150 E Lake Street, Lakeview, OH 43331

$219,900
2,400 sqft  Built 1930 / renov 2024  1 building  0.21 acres

Renovated commercial space supports retail, professional services, and light commercial uses.

18 spaces  Utilities to site  Full basement
View details

Springfield, OH Spa & Wellness Properties Market Trends and Statistics

Explore 2 spa & wellness properties for sale in Springfield, OH on our real estate platform. These investment opportunities span a total of 12,936 square feet of properties for sale, with an estimated market value of $1,380,000.

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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Spa & wellness properties 2
Medical centers 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
45505 $690K

Taxes & Financing

Average Loan-to-Value 65.0%

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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