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1301 W 1st St 3,600 SF Office Building Springfield, OH 45504 $1,500,000 ($416.67/SF)



Investment Highlights
- Front unit is currently leased, providing existing income
- Vacant rear unit offers immediate owner-user occupancy potential, rear unit includes five private offices and a reception area.
- Multiple side and rear entrances enhance accessibility
- Convenient access to US-68 and Springfield commercial amenities
Executive Summary
The vacant rear unit is configured with a large open work area, reception and waiting area, five private offices, and two full bathrooms with showers. Multiple entry points, including side and rear entrances, support operational flexibility for a variety of professional, medical, office, or service-oriented users. The existing layout can accommodate owner-occupants seeking a functional office environment while preserving the benefits of an income-producing component within the property.
The property is positioned within Springfield's established commercial corridor with convenient access to major transportation routes, including US-68 and regional thoroughfares that connect businesses throughout Clark County and the greater Dayton market. Nearby retail, dining, and commercial services contribute to the property's accessibility for employees, clients, and visitors. Ample on-site parking further supports day-to-day operations and customer convenience.
For investors, the combination of existing tenancy, vacancy upside, and owner-user potential creates multiple pathways for value creation. For owner-occupants, the ability to occupy the vacant rear unit while benefiting from income generated by the leased front unit offers a compelling opportunity within a well-established commercial location.
Property Facts
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Commercial property available for lease (rear unit only) or for sale (entire property). The lease offering consists of the rear building/unit only. The rear unit includes a large open area, reception/waiting area, five (5) private offices, and two (2) full bathrooms with showers. The space also features both side and rear entrances. Lease rate is $15.00 per square foot per year. Lease type (NNN, modified gross, or gross), term, tenant improvements, CAM charges, utilities, maintenance, and other terms are subject to negotiation and will be defined in a fully executed lease agreement. The entire property is also offered for sale at $1,500,000. The front unit is currently leased. The rear unit is currently vacant.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste REAR | 3,600 SF | Office | Partial Build-Out | 30 Days |
1st Fl-Ste REAR
| Size |
| 3,600 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| 30 Days |
1st Fl-Ste REAR
| Size | 3,600 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | 30 Days |
Commercial property available for lease (rear unit only) or for sale (entire property). The lease offering consists of the rear building/unit only. The rear unit includes a large open area, reception/waiting area, five (5) private offices, and two (2) full bathrooms with showers. The space also features both side and rear entrances. Lease rate is $15.00 per square foot per year. Lease type (NNN, modified gross, or gross), term, tenant improvements, CAM charges, utilities, maintenance, and other terms are subject to negotiation and will be defined in a fully executed lease agreement. The entire property is also offered for sale at $1,500,000. The front unit is currently leased. The rear unit is currently vacant.
Property Taxes
| Parcel Numbers | Improvements Assessment | $406,060 | |
| Land Assessment | $98,000 | Total Assessment | $504,060 |
Property Taxes
Presented by
1301 W 1st St
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