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325 W Columbia St
Springfield, OH 45504
Land For Sale
·
1.20 AC
Executive Summary
Prime Downtown Development Opportunity – 1.2 Acres
This shovel-ready 1.2-acre site offers a rare opportunity in the heart of downtown Springfield. Zoned C-DT (Commercial Downtown), the property provides excellent visibility and access and is located directly across from Springfield Regional Medical Center, one of the region's largest employment and healthcare hubs.
The site sits adjacent to one of the highest-performing Wendy's restaurants in the nation by sales volume, demonstrating the area's strong traffic counts and consumer activity.
Downtown Springfield is experiencing significant momentum driven by both public and private investment. Recent projects include the development of Center Street Townes, a new $7 million downtown parking garage, and continued investment in key destinations such as Springfield Regional Medical Center, Ohio Valley Surgical Hospital, Mother Stewart's Brewing Company, and NTPRD Chiller Ice Arena.
The area is also attracting substantial residential investment, with nearly 200 new housing units under construction or planned downtown. These projects are bringing new residents to the urban core and expanding the customer base for retail, restaurant, office, healthcare, and mixed-use development. Over the past two decades, the City has further strengthened redevelopment opportunities by removing obsolete and deteriorated structures, creating development-ready sites throughout downtown.
Whether you're considering retail, hospitality, office, healthcare-related services, or mixed-use development, this highly visible, shovel-ready site offers an opportunity to invest in one of Springfield's most active and rapidly evolving districts.
This shovel-ready 1.2-acre site offers a rare opportunity in the heart of downtown Springfield. Zoned C-DT (Commercial Downtown), the property provides excellent visibility and access and is located directly across from Springfield Regional Medical Center, one of the region's largest employment and healthcare hubs.
The site sits adjacent to one of the highest-performing Wendy's restaurants in the nation by sales volume, demonstrating the area's strong traffic counts and consumer activity.
Downtown Springfield is experiencing significant momentum driven by both public and private investment. Recent projects include the development of Center Street Townes, a new $7 million downtown parking garage, and continued investment in key destinations such as Springfield Regional Medical Center, Ohio Valley Surgical Hospital, Mother Stewart's Brewing Company, and NTPRD Chiller Ice Arena.
The area is also attracting substantial residential investment, with nearly 200 new housing units under construction or planned downtown. These projects are bringing new residents to the urban core and expanding the customer base for retail, restaurant, office, healthcare, and mixed-use development. Over the past two decades, the City has further strengthened redevelopment opportunities by removing obsolete and deteriorated structures, creating development-ready sites throughout downtown.
Whether you're considering retail, hospitality, office, healthcare-related services, or mixed-use development, this highly visible, shovel-ready site offers an opportunity to invest in one of Springfield's most active and rapidly evolving districts.
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.20 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.20 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 1.20 AC |
| Price Per AC | $1,500,000.00 |
| Price | $1,800,000 |
| Price Per AC | $1,500,000.00 |
| Lot Size | 1.20 AC |
Shovel-ready 1.2-acre downtown Springfield site zoned C-DT. Across from Springfield Regional Medical Center and adjacent to one of the nation's highest-grossing Wendy's locations. Ideal for commercial or mixed-use development.
Property Taxes
| Parcel Number | 34-00700-03532-0001 | Improvements Assessment | $246,810 |
| Land Assessment | $28,060 | Total Assessment | $274,870 |
Property Taxes
Parcel Number
34-00700-03532-0001
Land Assessment
$28,060
Improvements Assessment
$246,810
Total Assessment
$274,870
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