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$1,100,000

For Sale

20 hours ago

227 E Cecil Street, Springfield, OH

MLS® 1044235

0 Bed

0 Bath

34 Parking

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage Yes

HOA Fees

Taxes

Days Active 0

Approx. Age 1915

MLS® Number 1044235

Property Address: 227 E Cecil Street, Springfield, OH, 45503

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire one of Springfield's most recognizable dining destinations along with an adjacent income-producing property (3 parcel convey) offered together as a unique hospitality and real estate investment package. This offering includes the restaurant property known as Cecil and Lime, widely regarded as one of the most upscale dining experiences in Springfield and the Miami Valley, along with the neighboring building at 914 N. Fountain Avenue, creating a versatile and highly valuable two-property opportunity. Cecil and Lime has long been a staple in the community, known for its refined dining atmosphere, loyal customer base, and strong reputation for quality. The property has undergone extensive updates in recent years, including a newer roof, remodeled interior, upgraded bar area, updated flooring, fresh paint, and improvements to many of the building's mechanical systems. A large deck and patio area was also added, creating one of the largest and most attractive outdoor dining spaces around. For the right buyer, this property presents the opportunity to acquire a largely turnkey restaurant operation, with the potential for furniture, fixtures, equipment, décor, inventory, and even the liquor license to remain as part of the sale. This allows a new owner or restaurant group to step directly into a fully built-out space and continue operations with minimal downtime. Included in the package is 914 N. Fountain Avenue (ADA compliant), a substantial mixed-use building offering additional income potential and flexibility. The main floor includes approximately eight professional office suites, while the upper level features a spacious three-bedroom apartment accessible by elevator. The building also offers a full unfinished attic providing future expansion possibilities and a full walkout basement complete with a break room and full bathroom. Rare opportunity to live in the home and run the business right on the property. Air bnb potential.

MLS® Number1044235

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1915

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 11, 2026List Date

$1,100,000List Price

Commute

Commute

Starting Address

Destination Address

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