Springfield, OH Commercial Real Estate for Lease and Sale

Explore 61 listing(s) of commercial real estate in Springfield, OH to find the best space for your business.

CRE Market FAQs

622 W Main St

622 W Main St, Belle Avenue, Springfield, OH
Space Type

Retail
For Lease Contact for pricing

1 space available / 17,000 SF
View Details
1702 S Limestone St

1702 S Limestone St, Highlands, Springfield, OH
Space Type

Retail
For Lease

$7.95/SF/YR
1 space available / 6,100 SF
View Details
Limestone Center Shopping Center

2200 N Limestone St, Canterbury, Springfield, OH
Space Type

Office, Retail
For Lease

$8.90 - $13.50/SF/YR
5 spaces available / 200 - 3,245 SF
View Details
916 Kenton St

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

Industrial
For Sale Contact for pricing

Built in 1956 / Property size 13,150 SF
View Details
Springfield Business Park

1487 Upper Valley Pike, Valley Loop Center, Springfield, OH
Space Type

Industrial
For Lease Contact for pricing

10 spaces available / 7,343 - 141,510 SF
View Details
1390-1476 Upper Valley Pike

1476 Upper Valley Pike, Valley Loop Center, Springfield, OH
Space Type

Retail
For Lease Contact for pricing

1 space available / 49,930 SF
View Details
901 N Bechtle Ave

901 N Bechtle Ave, Hometown Business District, Springfield, OH
Space Type

Retail
For Lease

$20.00/SF/YR
1 space available / 1,931 SF
View Details
2101 E Home Rd

2101 E Home Rd, Oakcrest, Springfield, OH
Property Type

Other
For Sale

$595,000
Property size 7,998 SF
View Details

Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Springfield:
- Office Space: The market includes 227,103 square feet of office spaces in addition to 9 coworking locations.
- Retail Space: Between malls, restaurants and stores, Springfield is home to 1,231,810 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 1,871,102 square feet of available space in Springfield.
The average rent for commercial real estate in Springfield is $11.17 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Springfield costs $6.5, while the city’s premium locations ask up to $18.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class B properties are sized 14,652 square feet, on average.
- Class C properties span an average of 22,364 square feet.
The best area for commercial real estate in Springfield will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Valley Loop Center, home to no fewer than 18 listings for space of all types. If you're looking for office space, Elmwood Place has the highest concentration of office listings at 5.

Meanwhile, Valley Loop Center has the highest number of industrial availabilities (10), while Valley Loop Center boasts the largest number of retail listings in the city (8).
CommercialCafe’s CRE offering in Springfield is enabled by a network of 41 active brokers from 28 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $18 per square foot. In particular, the property type commanding the highest lease rates in Springfield is Office space.
The average size of a commercial property here stands at 95,285. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Springfield:
Office properties:
- Average size: 20,646 square feet.
- Largest property: 110 W Leffel LN, Springfield OH 45 (14,000 square feet).
Retail properties:
- Average size: 47,378 square feet.
- Largest property: #1 (49,930 square feet).
Industrial properties:
- Average size: 155,926 square feet.
- Largest property: #1 (141,510 square feet).

Springfield, OH Commercial Space Listings

Commercial Space for Lease - Breakdown

The 36 listings for commercial real estate currently available for rent in Springfield add up to 1,118,801 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	7	40,710
Retail	20	207,068
Industrial	7	775,738
Other	2	95,285

Office properties:

The market has 7 active office listings, encompassing 40,710 square feet.
Springfield office spaces currently listed on CommercialCafe represent 19% of the total commercial real estate market in Springfield, compared to an average of 39% across all markets tracked by CommercialCafe.

Retail Space:

There are 20 retail listings available, adding up to a total of 207,068 square feet.
Retail spaces account for approximately 55% of the local commercial market, while the average share taken up by retail in all U.S. markets is 34%.

Industrial Space:

The industrial market in Springfield offers 7 listings, amounting to 775,738 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 19% of the total commercial space available in the market, compared to a nationwide average of 25%.

Commercial Space for Sale - Breakdown

There are currently 31 properties listed for sale in the Springfield market, adding up to 465,679 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

3 office properties
9 retail properties
6 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	3	25,604
Retail	9	99,292
Industrial	6	244,500
Other	13	96,283

Springfield, OH Commercial Real Estate for Lease and Sale

622 W Main St

1702 S Limestone St

Limestone Center Shopping Center

916 Kenton St

Springfield Business Park

1390-1476 Upper Valley Pike

901 N Bechtle Ave

2101 E Home Rd

Frequently Asked Questions

Springfield, OH Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches