Former Springfield IHOP that abruptly shut down in January now for sale

What to Know
By Mark Fisher
March 29, 2019
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The former IHOP restaurant at 2206 N. Bechtle Ave. in Springfield is now up for sale, even though a spokeswoman for the restaurant chain says the restaurant’s parent company is still “exploring options” to reopen IHOP restaurants in the Dayton area that were padlocked and abruptly closed in mid-January.

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An online sales brochure from Dayton Commercial Realty/Coldwell Banker Commercial Heritage says the half-acre property and 4,575-square-foot restaurant building constructed in 2016 is for sale or lease. The asking sale price is $1.5 million.

“It is beautiful inside and out and could be turned into another restaurant, brewpub, wine bar, etc.,” the sales brochure says.

>> ALSO NEW TODAY: Locally owned Dayton BBQ restaurant up for sale, recipes and all

IHOP corporate officials have not said why the three Dayton-area IHOP restaurants in Springfield, Huber Heights and Beavercreek were padlocked more than two months ago.

>> Another Dayton-area Steak ‘n Shake closes temporarily; no word on when it will reopen

IHOP spokeswoman Stephanie Peterson said today, March 29, that her company is “still exploring options, nothing to confirm yet” in efforts to get one or more local IHOP locations back open.

>> NOW OPEN: 'The Wright Cafe' is now serving customers in the former 'ghost' IHOP in Vandalia

A restaurant on Benchwood Road in Vandalia that was built and equipped and branded as an IHOP sat vacant for more than a year without ever operating as an IHOP, but opened earlier this week as The Wright Cafe. Dayton Commercial Realty/Coldwell Banker Commercial Heritage Realtor Allison Moody said this morning that the firm’s sales listing includes only the Springfield IHOP location.

For more information about the former Springfield IHOP, contact Ric Moody, managing broker for Dayton Commercial Realty/Coldwell Banker Commercial Heritage at Ric@RicMoody.com or commercial Realtor Allison Moody at allisonamoody@gmail.com.

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About the Author

Mark Fisher, a 1981 graduate of Ohio State University and a 1976 graduate of Beavercreek High School, is a third-generation Dayton-area resident who has worked for the Dayton Daily News since 1983. He covered higher education and K-12 education accountability issues for nearly 20 years before taking over the food and dining beat in 2006.