640 N Fountain Ave 4,780 SF Retail Building Springfield, OH 45504 $750,000 ($156.90/SF)



EXECUTIVE SUMMARY
Seize the opportunity to own a piece of Springfield's history! The infamous Madison Ave Pharmacy building is now on the market, presenting a rare chance to invest in one of the city's most recognizable commercial properties. With its stunning architecture and beautifully maintained landscaping, this iconic property is sure to impress. As you step inside, you'll be welcomed by a spacious open floor plan, awash in natural light, complemented by several private offices that provide versatility for a range of uses. Whether you envision a thriving pharmacy, a dynamic office space, or another commercial venture, this property offers endless possibilities to adapt to your vision. Boasting approximately 4,780 square feet, this well-preserved building features a robust poured concrete basement with pre-engineered joists, making it ideal for all your storage needs. You'll also enjoy a state-of-the-art geothermal system for heating and cooling, equipped with newer pumps to ensure comfort and efficiency year-round as well as a steel roof, giving peace of mind for years to come. The property includes on-site parking as well as convenient street parking options, enhancing accessibility for both clients and employees. Safety is prioritized with a security system and gated entry offering peace of mind. Located just a minute or so from downtown, this property enjoys prime visibility and is easily accessible from key routes, making it an ideal location for your next venture. Don't miss out on this exceptional opportunity to make the Madison Rd Pharmacy building your own. Schedule a showing today and explore the incredible potential that awaits!
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,780 SF
Building Class
C
Year Built
2005
Price
$750,000
Price Per SF
$156.90
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.54 AC
Parking
26 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS






PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $98,970 | |
Land Assessment | $15,860 | Total Assessment | $114,830 |