1032-1036 E Home Rd
Springfield, OH 45503
3 Unit | Commercial Property | Cash Flow · Retail Property For Sale

Owner-user opportunity on E. Home Road in Springfield's established north-end retail corridor. This three-unit commercial building offers something most small commercial listings can't: two long-standing tenants already paying rent, and a third unit that comes to you as a fully operating business.
The 1032 unit houses a drive-thru carryout generating approximately $500,000 in annual sales, currently owner-operated and conveying with fixtures, coolers, and equipment. The 1034 unit is leased to a day spa, and the 1036 unit is occupied by a long-established barbershop. Combined in-place rent from the two leased units is $1,750 per month.
Run the math the way a buyer will: at a 10% down SBA acquisition, in-place tenant income covers roughly 89% of annual debt service — putting your effective occupancy cost for a half-million-dollar business at approximately $210 per month.
The site includes 12 on-site parking spaces, separately metered utilities for each unit, building and street signage, and a north-side right-of-way that allows drive-thru customers to exit onto Northmoor — a traffic-flow advantage that is difficult to replicate on a new site.
Positioned immediately east of the signalized Northmoor intersection on E. Home Road, with direct connectivity to the N. Limestone corridor, the property serves a dense, established residential trade area with decades of customer loyalty behind each of the three businesses.
Also suited to the investor buyer: lease the drive-thru bay at an estimated $1,500 per month and the property stabilizes at $39,000 in gross scheduled rent — an 8.83% cap rate at the asking price.
Offered at $295,000. The Drive-Thru Business "can" be purchased separately including the Liquor License.