Better Home Strategy Adam Geuy · Blacktree Realty

Homes for sale / Springfield

$750,000 Active Reduced 32%

227 E Cecil Street, Springfield, OH 45503

  • 0.14 acres

About this property

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 for $750,000. 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

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Key facts

Status
Active
Type
Restaurant
Days on market
209
Property taxes
about $1,924/yr
County
Clark
MLS #
226008843
Listing brokerage
Coldwell Banker Heritage
Listing agent
Arthur A Solomon
Listing brokerage contact
937-429-4500

Price reduced 32% from $1,100,000 on June 24.

Lot and parking

Lot size
0.14 acres
Lot square feet
6,098

Systems and utilities

Heating
Forced Air
Sewer
Public Sewer
Water
Public

Taxes and HOA

Property taxes
about $1,924 a year
Tax year
2025
Parcel number
3400700035211008

Around it

ZIP 45503: 22 homes for sale. Clark County: 84 homes for sale · county sold data. Town: everything for sale in Springfield · Springfield sold prices and days on market.

Free market report

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Everything for sale in Springfield · what Springfield homes actually sold for

Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.

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227 E Cecil Street, Springfield, OH 45503 · 87 photos Book a tour
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