USAOHSpringfieldDemints325 W Columbia St

$1,750,000

325 W Columbia St, Springfield, OH

Real Estate

For Sale

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0034

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size 26656 sqft

Garage No

Maintenance Fees

Taxes $7,687

Days Active 128

Approx. Age 1963

Avg. Price Per Sqft $65

MLS® Number 1036393

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Prime opportunity in Springfield, Ohio! The Retro Travel Lodge, a possible 80-unit motel, is perfectly situated near the revitalized downtown and directly across from the Regional Hospital. Offering exceptional visibility on a corner lot, this property consists of endless potential for a new owner or corporation seeking to capitalize on the area's growth and vibrancy.Strategically positioned near I-70, providing easy access for commuters to both Dayton and Columbus. Close to downtown Springfield, this site is ideal for contributing to the city's exciting revitalization efforts. Springfield, a community rich in history and spirit, continues to grow as a hub for culture, business, and development. The property includes a two-story, 78-room economy lodging facility spanning 29, 656 square feet on a multi-parcel lot totaling just over 2 acres. Featuring a room mix of 40% King Suites (31 rooms) and 60% Double Queen Suites (47 rooms), this motel is designed to meet diverse guest needs.Constructed with durable Class C materials, the concrete block framing and exterior ensure long-lasting functionality. On-site amenities include a welcoming office/lobby, convenient laundry facilities, and versatile conference room-style office spaces. Additionally, the property features an 843-square-foot full-service restaurant, adding value and service options for guests.**Zoning UPOD, Neighborhood Commercial District** Multi parcel property includes: 5 parcels with main structure: 3400035320002, 3400700035320003, 34007000353220004, 3400700035320005. Other additional parcel IDs to make up acreage are as follows: 340070035320006; 40x99. 20008: 42x72 & 20007: 40x969The vision for this project could be endless! Many retro Travel Lodge facilities have been modernized into great lodging for today's traveler. Examples of retro fitted transformations are available upon request to the Listing Agents.Show Description

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MLS® Number1036393

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

ExteriorFenced, Porch, Patio

GarageNo

Approx. Age1963

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatElectric

A/CWall Unit(s)

Heating Fuel

Extras

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