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Executive Summary

Seize a remarkable hospitality investment with the Quality Inn & Conference Center by Choice Hotels, strategically located at 383 E Leffel Ln, Springfield, OH 45505. Offered at a competitive list price of $6,399,990—representing an attractive $42,667 per key and just $62.81 per square foot—this expansive commercial asset provides a robust footprint for high-yield hospitality operations. Originally constructed in 1972 and significantly renovated in 2010, the two-story property spans 101,898 square feet of building space situated on a massive 7.03-acre lot zoned Type 410. The hotel features a generous inventory of 150 rooms, utilizing comfortable king and double-queen layouts perfectly suited for business travelers, families, and tour groups alike. Beyond standard accommodations, the property delivers an array of premium, revenue-generating amenities, including versatile conference facilities, a dedicated breakfast buffet area, a large indoor pool pavilion, and a lively on-site lounge equipped with billiards and custom wall murals. Logistical success is built right into the infrastructure with a stellar parking ratio of 1.61 spaces per room, totaling 241 dedicated spaces to effortlessly handle large-scale events and high occupancy. Positioned in a visible regional corridor, the property taps into a strong local economy with a 5-mile radius population of 68,544 and an average household income reaching $71,645, ensuring a resilient baseline of regional demand

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 7.03 AC
Building Size 101,898 SF
No. Rooms 150
No. Stories 2
Year Built/Renovated 1972/2010
Parking Ratio 2.37/1,000 SF
Corridor Interior
Zoning 410 - 410

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 150 $128.17 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
30-50700-03220-0012
Land Assessment
$398,125 CAD
Improvements Assessment
$2,017,357 CAD
Total Assessment
$2,415,481 CAD
  • Listing ID: 41364377

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 383 E Leffel Ln, Springfield, OH 45505

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