0 3rd St. - Development Opportunity 2.63 Acres of Commercial Land Offered at $225,000 in Springfield, OH 45503

Coldwell Banker Commercial | Heritage is pleased to offer 0 Third Street in Springfield, Ohio — a rare 2.6-acre infill land assemblage inside the city limits.
The property consists of two contiguous parcels with a dual-zoning profile that makes it a credible candidate for residential, commercial, or thoughtful mixed-use redevelopment. One parcel is zoned RHD (Residential High Density); the second is zoned Commercial under the City of Springfield's 2025 Zoning Code. That combination — on 2.6 contiguous acres inside the city — is genuinely scarce and creates real optionality for a redevelopment buyer.
The property is offered as a land sale. An existing ±4,320 SF warehouse currently sits on the site and is treated as a possible teardown — a redevelopment buyer should budget demolition. That said, the structure carries salvage and re-use value to a contractor-buyer (roofing, HVAC, plumbing, electrical, paving, fleet) who can put it back into service for shop, storage, or yard. For that buyer, the listing pricing effectively delivers land at fair market plus a free building.
Highlights:
• ±2.6 acres on two contiguous parcels — uncommon in-city scale.
• Dual zoning: RHD (Residential High Density) + Commercial.
• Existing ±4,320 SF warehouse on site — possible teardown / contractor salvage.
• Direct frontage on Third Street; all city utilities available.
• Springfield's I-70 / US-68 corridor continues to drive industrial and residential demand.
Showings by appointment. Contact Pat Williams at Coldwell Banker Commercial | Heritage, 937.360.9952.