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

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.

>> Giordano's Pizza offers insider tips to beat the crowds at its new Dayton-area restaurant

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 or commercial Realtor Allison Moody at

About the Author