Springfield, OH Commercial Real Estate for Lease and Sale

Explore 39 listings of Springfield commercial real estate to find the best space for your business.

2024 Selma Road

2024 Selma Rd., Springfield Industrial Park, Springfield, OH
Property

Industrial

74,760 SF
Year Built

1984
For Sale

$2,775,000
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30-31 S Sycamore St

30-31 S Sycamore St, Penn Street Extension, Springfield, OH
Property

Other

19,700 SF
For Sale

$699,000
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2299 Seminole Avenue

2299 Seminole Avenue, Sunnyland, Springfield, OH
Property

Multi-Family

12,541 SF
Year Built

1965
For Sale

$900,000
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Springfield Crossings

1400 West First Steet, Snyder Terrace, Springfield, OH
Property

Retail

10,125 SF
Availability

1 Space

10,125 SF
Year Built

1986
For Lease

$25.00/SF/YR
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Office Coworking Retail Industrial

Retail Industrial Land
Former Tire Choice - Downtown Springfield

10 West North Street, Buck Creek Improvements, Springfield, OH
Property

Retail

2,744 SF
Availability

1 Space

2,731 SF
For Lease Contact for pricing
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30-31 S Sycamore St

30-31 S Sycamore St, Penn Street Extension, Springfield, OH
Property

Other
Availability

1 Space

19,700 SF
For Lease Contact for pricing
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Former Tire Choice - Downtown Springfield

10 West North Street, Buck Creek Improvements, Springfield, OH
Property

Retail

2,744 SF
For Sale

Subject To Offer
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Downtown Springfield Commerical Land

0 W High St, Oakwood Place, Springfield, OH
Property

VacantLand
For Sale

$599,000
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ISW - PrimeOhio Corporate Park

4300 Gateway Blvd, Primeohio Corporate Park, Springfield, OH
Property

Industrial

40,100 SF
Year Built

1987
For Sale

$1,495,000
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247 South Burnett Road

247 South Burnett Road, Elmwood Place, Springfield, OH
Property

Office

27,072 SF
Availability

2 Spaces

5,504 SF
Year Built

1972
For Lease

$12.00/SF/YR
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Former PNC Bank

1500 Upper Valley Pike, Valley Loop Center, Springfield, OH
Property

Retail

6,236 SF
Year Built

1973
For Sale

$360,000
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Prime Ohio 2 Building 1

1801 Prime Pkwy., Laybourne Industrial Park, Springfield, OH
Property

Industrial

872,161 SF
Availability Contact for availability
Year Built

2022
For Lease Contact for pricing
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Walgreens

1880 S Limestone St, Lansdowne Park, Springfield, OH
Property

Retail

14,490 SF
Year Built

2001
For Sale

$3,185,000
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K.W.M. Beach Manufacturing

4655 Urbana Rd, KTK Industrial Park, Springfield, OH
Property

Industrial

128,548 SF
Year Built

1975
For Sale

$6,400,000
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COhatch Springfield
COhatch
101 South Fountain Avenue, Springfield, OH
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Game room

High-speed wifi

Restaurant
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4901 Urbana Rd

4901 Urbana Rd, KTK Industrial Park, Springfield, OH
Property

Industrial

33,808 SF
Year Built

1988
For Sale Contact for pricing
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Plaza 41

1200 N Bechtle Ave, Snyder Terrace, Springfield, OH
Property

Retail

19,727 SF
Availability

1 Space

1,600 SF
For Lease

$24.00/SF/YR
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Upper Valley Business Park

1475 Upper Valley Pike, Valley Loop Center, Springfield, OH
Property

Industrial

577,920 SF
Availability

8 Spaces

406,471 SF
Year Built

2022
For Lease Contact for pricing
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0 E Home Rd & Deer Rd

0 E Home Rd & Deer Rd, Knollwood, Springfield, OH
Property

VacantLand

1.34 Acre
For Sale

$180,000
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East Home Road & Deer Road

East Home Road & Deer Road, Knollwood, Springfield, OH
Property

VacantLand

2.07 Acre
For Sale

$110,000
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Former Tire Choice - Springfield

1180 Upper Valley Pike, Valley Square, Springfield, OH
Property

Retail

7,021 SF
For Sale

Subject To Offer
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Springfield Commons

1501 Bechtle Ave., Hometown Business District, Springfield, OH
Property

Retail

10,426 SF
Availability

1 Space

10,426 SF
For Lease Contact for pricing
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1830 N Bechtle Ave

1830 N Bechtle Ave, Westwood Hills, Springfield, OH
Property

Retail

2,175 SF
Availability

1 Space

2,175 SF
Year Built

2002
For Lease

$25.00/SF/YR
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401 W North Street

401 W North St, Springfield College, Springfield, OH
Property

Retail

11,180 SF
Availability

1 Space

11,180 SF
Year Built

1998
For Lease

$18.00/SF/YR
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916 Kenton St

916 Kenton St, S&F Industrial, Springfield, OH
Property

Industrial

13,690 SF
Availability

1 Space

13,150 SF
Year Built

1956
For Lease Contact for pricing
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H & H Medical Building

1835 E High St, Elmwood Place, Springfield, OH
Property

Office

4,694 SF
Availability

2 Spaces

4,694 SF
Year Built

1981
For Lease

$10.00/SF/YR
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315 E Leffel Ln

315 E Leffel Ln, CDR Commercial Park, Springfield, OH
Property

VacantLand

87,120 SF
Availability

1 Space

87,120 SF
For Lease

$0.46/SF/YR
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2200 N Limestone St

2200 N Limestone St, Canterbury, Springfield, OH
Property

Office

21,748 SF
Availability

4 Spaces

11,340 SF
For Lease

$13.75/SF/YR
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Bechtle Crossing

1600 North Bechtle Avenue, Hometown Business District, Springfield, OH
Property

Retail

212,713 SF
Availability

7 Spaces

58,826 SF
Year Built

1995
For Lease Contact for pricing
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Burnett Plaza

402 South Burnett Road, Maple Dell, Springfield, OH
Property

Retail

96,507 SF
Availability

2 Spaces

20,426 SF
Year Built

1961
For Lease

$7.00 - $14.00/SF/YR
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Springfield Crossings

1400 West First Steet, Snyder Terrace, Springfield, OH
Property

Retail

10,125 SF
Availability

1 Space

10,125 SF
Year Built

1986
For Lease

$25.00/SF/YR
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916 Kenton St

916 Kenton St, S&F Industrial, Springfield, OH
Property

Industrial

13,150 SF
Year Built

1956
For Sale Contact for pricing
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901 N Bechtle Ave

901 N Bechtle Ave, Hometown Business District, Springfield, OH
Property

Retail

1,931 SF
Availability

1 Space

1,931 SF
For Lease

$20.00/SF/YR
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2016 N Bechtle Avenue

2016 N Bechtle Avenue, Westwood Hills, Springfield, OH
Property

Retail

32,000 SF
Availability

1 Space

1,440 SF
For Lease

$22.00/SF/YR
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150 North Limestone Street

150 North Limestone Street, Buck Creek Improvements, Springfield, OH
Property

Office

5,071 SF
Availability

1 Space

5,071 SF
For Lease Contact for pricing
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1390-1476 Upper Valley Pike

1476 Upper Valley Pike, Valley Loop Center, Springfield, OH
Property

Retail

148,682 SF
Availability

1 Space

20,000 SF
Year Built

1973
For Lease Contact for pricing
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3822 Springfield Xenia Rd

3822 Springfield Xenia Rd, Ra - Mar Estates, Springfield, OH
Property

VacantLand
Year Built

1997
For Sale

$325,000
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Former Tire Choice - Springfield

1180 Upper Valley Pike, Valley Square, Springfield, OH
Property

Retail

7,021 SF
Availability

1 Space

7,021 SF
For Lease Contact for pricing
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2804 Troy Road

2804 Troy Road, Valley Loop Center, Springfield, OH
Property

VacantLand
For Sale

$99,900
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Springfield commercial real estate market incorporates 53,891 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Springfield commercial real estate market includes 593,672 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Springfield market, there is a total of 1,585,489 square feet of industrial property.

The listing inventory in Springfield incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Springfield is represented by Industrial space, which accounts for 419,621 square feet of available listings. Retail space available in Springfield adds up to 158,359 square feet.

Meanwhile, most of the listings of commercial property for sale in Springfield are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Springfield is $21.34 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Springfield can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Springfield, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Springfield is in the Hometown Business District neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Elmwood Place area.

Meanwhile, retail space opportunities are most abundant in the Hometown Business District submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Valley Loop Center.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot.

The average size of a commercial property in Springfield depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Springfield, the average size of an office property is 17,964 square feet.
Retail properties here incorporate an average of 37,105 square feet.
Industrial space in Springfield is in buildings that are, on average 264,249 square feet in size.

Springfield, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Springfield currently add up to 703,116 square feet. The market offers 5 active office listing(s), which amount to 18,669 square feet and account for 21% of commercial spaces on the market. Local retail availability includes 158,006 square feet across 13 retail space(s). Industrial space for rent opportunities in Springfield amount to 419,621 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	5	18,669
Retail	13	158,006
Industrial	3	419,621
Other	2	106,820

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Springfield, OH. Currently, there is 353,101 square feet of commercial property for sale here , which includes , 4 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Retail	4	30,491
Industrial	5	290,366
Other	7	32,244

Springfield, OH Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Springfield, OH?

What factors affect the price of commercial real estate in Springfield, OH?

What is the average rent for commercial space in Springfield, OH?

What are the best areas for commercial real estate in Springfield, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Springfield, OH?

Springfield, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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