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Tower Building 1240 E Main St 10,098 SF 100% Leased Office Building Springfield, OH 45503 $775,000 ($76.75/SF)
Investment Highlights
- Highly visible location along East Main Street providing consistent traffic exposure.
- Situated on 0.61 acres featuring ample on-site parking for tenants and visitors.
- Multi-tenant configuration offering flexibility for owner-users or investors.
- Approximately 10,098 SF of adaptable office layout suitable for multiple professional uses.
- Convenient access to downtown Springfield, major roadways, and regional amenities.
- Positioned within an active commercial corridor near retail, dining, and service destinations.
Executive Summary
Excellent opportunity to acquire a well-maintained professional office building in a highly visible East Main Street location. This approximately 10,098 SF multi-tenant property offers flexible office space suitable for medical, professional, administrative, or service-related uses. Situated on approximately 0.61 acres with ample on-site parking, the property provides convenient access to downtown Springfield, major roadways, and surrounding commercial amenities. Ideal for an owner-user, investor, or business seeking expansion opportunities.
Property Facts
Sale Type
Investment
Property Type
Building Size
10,098 SF
Building Class
C
Year Built
1964
Price
$775,000
Price Per SF
$76.75
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,366 SF
Slab To Slab
11’
Building FAR
0.38
Lot Size
0.61 AC
Zoning
CO-1 - Commercial Office
Parking
44 Spaces (4.36 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 34-00700-02932-4017 | Improvements Assessment | $171,640 |
| Land Assessment | $50,610 | Total Assessment | $222,250 |
Property Taxes
Parcel Number
34-00700-02932-4017
Land Assessment
$50,610
Improvements Assessment
$171,640
Total Assessment
$222,250
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Tower Building | 1240 E Main St