5
See all 5 photos
$300,000
Est. payment /mo
4,720 SqFt
Active
518 W High Street Springfield, OH 45506
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,720 sqft
Price per Sqft $63
Subdivision Ruhls
MLS Listing ID 1039972
Year Built 1891
Annual Tax Amount $1,770
Tax Year 2024
Lot Size 6,534 Sqft
Lot Dimensions 50x132
Property Description
Redevelopment opportunity in Springfield's central corridor. This fully gutted, all-brick structure spans 4,720+/- sq ft across 2 stories, with a full basement and historic footprint dating to 1891. Zoned 401 (Apartments 4-19 Units), this site is primed for multifamily conversion with potential for up to 9 units (buyer to verify with local zoning and building authority).The building currently reflects 12 bedrooms and 4 bathrooms across 14 rooms. Existing improvements include a 432+/- sq ft detached garage. The structure sits within the Springfield CSD.Property is being sold AS-IS with no warranties expressed or implied. No active permits. Buyer responsible for all due diligence including zoning, occupancy, and code compliance. Ideal for value-add investors, housing developers, or 1031 exchange candidates.Showings by appointment only. Motivated seller.
Location
State OH
County Clark
Area 014 S Of Main / W Of Limestone
Rooms
Basement Unfinished
Interior
Heating Other
Exterior
Exterior Feature Brick
Building
Sewer Public Sewer
Water Supplied Water
Others
Financing 1031 Exchange,Conventional,Cash
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1039972
Listed by Coldwell Banker Heritage
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