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INVESTMENT HIGHLIGHTS
- Freestanding Commercial Building Built in 2005
- Former Madison Avenue Pharmacy
- Ideal for Medical, Office, or Retail Use
- Highly Visible Corner Location at Signalized Intersection
- On-Site Compounding Lab
- Flexible Layout with Open-Concept Reception and Private Offices
EXECUTIVE SUMMARY
The flexible layout features a spacious, open-concept reception area, multiple private offices or consultation rooms, and dedicated lab or prep space—supporting a seamless transition for healthcare professionals, specialty clinics, or therapeutic providers. Built with modern materials including poured concrete and a durable steel roof, the structure is designed for long-term functionality with minimal maintenance.
Additional amenities include basement square footage for storage, ample natural light throughout, and a clean, professional interior. The property sits on a 0.54-acre lot with 21 on-site parking spaces and additional street parking available. With 100 feet of frontage on N Fountain Ave and 50 feet on Ward St., this strategic corner location enhances visibility and accessibility, reinforcing its value as a retail anchor in the corridor.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Situated on the corner of N Fountain Avenue and E Ward Street, this premium commercial property enjoys excellent visibility across from Wittenberg University. The signalized intersection offers high traffic exposure and ease of access for both customers and deliveries. A Walk Score of 73 indicates strong pedestrian appeal, with downtown Springfield just minutes away. Located within the Springfield City School District, the property is conveniently served by Snowhill Elementary (˜1?mi), Roosevelt Middle (˜1.5?mi), and Springfield High School (˜1.3?mi). The position strikes a balance between neighborhood charm and central accessibility.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,000-4,478 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 2,000-4,478 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,000-4,478 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Situated on the corner of N Fountain Avenue and E Ward Street, this premium commercial property enjoys excellent visibility across from Wittenberg University. The signalized intersection offers high traffic exposure and ease of access for both customers and deliveries. A Walk Score of 73 indicates strong pedestrian appeal, with downtown Springfield just minutes away. Located within the Springfield City School District, the property is conveniently served by Snowhill Elementary (˜1?mi), Roosevelt Middle (˜1.5?mi), and Springfield High School (˜1.3?mi). The position strikes a balance between neighborhood charm and central accessibility.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $114,830 | |
| Land Assessment | $15,860 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $98,970 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Presented by
640 N Fountain Ave
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