4-Unit Flex Building w/ Value-Add – Springfield Township

Description:

This versatile 4-unit flex building in Springfield Township offers a strong value-add opportunity with a blend of office/showroom and warehouse/garage spaces ideal for contractors, trades, service businesses, artists, or small companies. Three units are currently leased, and one unit is now vacant, giving buyers immediate upside through releasing at market rates or potential owner-occupancy.

The building totals 3,794 SF, with units approx. 950–990 SF each. Every unit includes a private bathroom and individual gas, water, and electric meters, increasing efficiency and lowering operating costs. Recent improvements include a brand-new roof in 2024 ($25,000), updated wiring, a concrete driveway, and improved parking and access from both the street and rear.

With a current NOI of $37,000 (with upside once the vacant unit is leased), the property offers strong cash flow potential. The B-2 zoning allows a wide range of commercial uses, making this a flexible investment for both investors and owner-users seeking a low-maintenance, multi-tenant commercial building in a high-demand corridor.

This is an ideal opportunity for buyers looking for stable income with value-add potential, or for a business owner wanting to occupy one unit while collecting rent from the others

 






Value-add flex building with 3 leased units + 1 vacant


Approx. 3,794 SF total | Units ~950–990 SF each


Individual gas, water & electric meters for each unit


Brand-new roof in 2024 ($25,000 upgrade)


Updated wiring + modern electrical systems


Private bathrooms in every unit


Concrete driveway with front & rear access points


NOI: $37,000 with immediate upside from vacant unit


B-2 zoning allows wide range of uses (office, retail, warehouse, contractor, flex)


Perfect for investors, service businesses, or owner-users


Strong small-tenant demand for flex/contractor space in this submarket


Convenient location off Springfield Pike & Vine, near major corridors


Low maintenance building with strong long-term performance potential