Remarks

Prime opportunity in Springfield, Ohio! The Retro Travel Lodge, a possible 80-unit motel, is perfectly situated near the revitalized downtown and directly across from the Regional Hospital. Offering exceptional visibility on a corner lot, this property consists of endless potential for a new owner or corporation seeking to capitalize on the area's growth and vibrancy.
Strategically positioned near I-70, providing easy access for commuters to both Dayton and Columbus. Close to downtown Springfield, this site is ideal for contributing to the city's exciting revitalization efforts. Springfield, a community rich in history and spirit, continues to grow as a hub for culture, business, and development.

The property includes a two-story, 78-room economy lodging facility spanning 29,656 square feet on a multi-parcel lot totaling just over 2 acres. Featuring a room mix of 40% King Suites (31 rooms) and 60% Double Queen Suites (47 rooms), this motel is designed to meet diverse guest needs.

Constructed with durable Class C materials, the concrete block framing and exterior ensure long-lasting functionality. On-site amenities include a welcoming office/lobby, convenient laundry facilities, and versatile conference room-style office spaces. Additionally, the property features an 843-square-foot full-service restaurant, adding value and service options for guests.

**Zoning UPOD, Neighborhood Commercial District**
Multi parcel property includes: 5 parcels with main structure: 3400035320002, 3400700035320003, 34007000353220004, 3400700035320005. Other additional parcel IDs to make up acreage are as follows: 340070035320006; 40x99. 20008: 42x72 & 20007: 40x969
The vision for this project could be endless! Many retro Travel Lodge facilities have been modernized into great lodging for today's traveler. Examples of retro fitted transformations are available upon request to the Listing Agents.

Details

MLS#: 1036393
Price: $1,750,000

Sq Ft: 26656
Year Built: 1963

County: Clark
Subdivision: Demints
Lot Size: 2.002
Tax Fee: 7687