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40 S Main Street, Springboro, OH 45066$300,000

Sq. Feet: 3,156 Days on Site: 5 MLS#: 960311 View Map

Comments for 40 S Main Street, Springboro, OH 45066

Unique investment opportunity in the heart of Springboro downtown district! Formerly operated as a hotel, this property is currently configured and used as a multifamily investment property with excellent income and expansion potential. The property currently features two functioning units with the possibility for four additional units, offering a rare opportunity for investors looking to maximize value and future cash flow. Situated in a highly desirable location near downtown amenities, shops, restaurants, and entertainment, this property offers endless possibilities for redevelopment, renovation, or long-term investment. One unit was recently vacated, providing added flexibility for future plans. Offered at $300,000.

Property Type: Multi Unit - Multiple Heating: Forced Air
Basement Features: Crawl Space Lot Size: 0.17 Acres
Cooling: None Taxes: $3,014
Days on Site: 5 Year Built: 1837
Exterior: Frame, Stone  
School District: Springboro

Listed By

Agency Name: Coldwell Banker Heritage
Agency Phone: (937) 748-5500

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Warren County Demographic Information for 40 S Main Street, Springboro, OH 45066

Fips
Fips Code39165
Population
2020 to 2025 Changeup 6.1%
2010 Count212,693
2020 Count242,337
2025 Estimate (V2025)257,181
2020 Estimate (V2025)242,346
Age Distribution (Years Old)
0 to 45.1%
5 to 1723.3%
18 to 6454.7%
65 and Older16.9%
Gender
Male50.6%
Female49.4%
Place of Birth
Foreign9.1%
US90.9%
Education
High School Graduate, Age 25+95.1%
Bachelor's Degree or Higher, Age 25+45.6%
Computer and Internet use
Households with a computer97.5%
Households with a broadband Internet subscription94.9%
Language
English is Second Language, Age 5+10.8%
English is First Language, Age 5+89.2%
Veterans
Veterans12,646
Income
Per Capita Income$53,621
Median Household Income$110,132
People in Poverty6.6%
Commute
Average Work Commute Time26 minutes
Housing
Total Housing Units96,489
Households92,052
Average Household Size2.66
Owner-Occupied79.4%
Multi-Family15.5%
Owner-Occupied Median Value$349,400
Median selected monthly owner costs -with a mortgage$1,974
Median selected monthly owner costs -without a mortgage$756
Median gross rent$1,361
Building Permits
New Private Housing Issued 20241,232
Years at Residence
1 Year or More90.0%
Less Than 1 Year10.0%
Business and Employment
Private non-farm Establishments4,826
Private non-farm Employment82,752
Private non-farm Employment Growthup 1.2%
Nonemployer Establishments21,640
Number of Firms3,663
Business Production
Value of Shipments$4,514,123,000
Wholesale Trade$3,800,320,000
Retail Trade$2,934,129,000
Retail Sales Per Capita$13,461
Accommodation and Food Services$463,168,000
Land
Land Area401.31 sq. miles
Population Per Square Mile530
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Jon Glista
Call: (937) 620-8913
Text: (937) 620-8913

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Mortgage Payment Calculation for 40 S Main Street, Springboro, OH 45066

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $2,187.17 / per month

(Payments are an estimate and may vary by lender)

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