$1,750,000

325 W Columbia Street , Springfield, OH 45504

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:26,656 sqft
Lot:2
Year Built:1963
Listing Status:Active

Listing Agent

Alva Fulk
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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: 40x969 The 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.

Detailed Items

Other Information

325 W Columbia Street, Springfield, OH, 45504 is a commercial sale listing of 26,656 sqft on a lot of 2. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property325 W Columbia Street, Springfield, OH
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