TURNKEY RESTAURANT & EVENT VENUE 2 Properties Offered at $750,000 in Springfield, OH

TURNKEY RESTAURANT & EVENT VENUE | SPRINGFIELD, OH
******Only 227 E Cecil Ave, Springfield Oh 45503 for sale at $750,000. 914 N Limestone Ave, Springfield OH 45503 can be purchased for an additional $300,000.
An exceptional opportunity to acquire one of Springfield's most recognizable restaurant properties at a newly adjusted offering price of $750,000.
Located at 227 E. Cecil Street, the former Cecil & Lime restaurant has served the Springfield and Miami Valley market for more than two decades and is widely recognized as a premier dining destination. This offering presents a rare opportunity for a restaurant operator, hospitality group, brewery, catering company, or investor to acquire a fully developed restaurant facility with significant existing infrastructure already in place.
The property features a beautifully maintained dining area, upgraded bar, commercial kitchen, extensive outdoor patio and deck space, and a layout designed to accommodate both daily dining operations and private events. The outdoor entertainment area is among the most attractive hospitality spaces in the region and creates opportunities for weddings, corporate gatherings, private parties, and seasonal events.
Numerous improvements have been completed in recent years, including interior renovations, flooring updates, paint, roof improvements, bar enhancements, and mechanical system upgrades. Furniture, fixtures, equipment, and liquor license may be available as part of the transaction, creating a true turnkey opportunity for qualified buyers.
The property includes substantial on-site parking. The adjacent medical facility will retain either a limited parking easement north of the medical building or up to 13 designated parking spaces, subject to final survey and closing structure. The restaurant will continue to maintain significant parking capacity to support restaurant and event operations.
For operators seeking expansion, entrepreneurs entering the hospitality industry, or investors searching for a unique commercial asset, this property offers the ability to acquire a well-known location and begin operations with minimal downtime and significantly lower costs than developing a comparable facility from the ground up.
Seller is motivated and welcomes discussions with qualified buyers.
914 N Limestone Ave, Springfield OH shares a parking lot with 227 E Cecil Ave. If buyer only wants the restaurant the price is $750,000 and will come with over 33 parking spots and the seller will resurvey the medical which is to allow for 13 parking spots to stay and for a common easement along N of Medical office building. Contact Arthur for more info as well as a more detailed explanation.