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22938569
22938570

464 Richmond Rd, Richmond Heights, OH 44143 For Sale

Coldwell Banker Commercial Schmidt Realty Geneva
Listed by Coldwell Banker Commercial Schmidt Realty Geneva
$1,000,000
458 days on market
Updated 66 days ago

Fox Medical Office

Details
Property Type Office
Sub Type Medical Office
Square Footage 9,000
Cap Rate 7.00%
Occupancy 70%
Tenancy Multi
Lease Type Gross
Price per SqFt $111
Class C

Income producing investment

Marketing description

This building is located in a key intersection of Richmond Heights. It is surrounded by a vibrant residential area and near the City Administration building, as well as many types of businesses, restaurants, the Fire Department, the community park, and more.

The City of Richmond Heights is strategically business development-minded, looks to improve local infrastructure, and employs a Community Development Director. It is located thirteen miles from downtown Cleveland and houses five hundred businesses.

This building is currently owned by a physician and their office/surgery center is located there. The current owner may want to continue to be a Tenant in the building.

If you are a physician and want to locate your office in the medical space that is also for lease inside the building, and own the building as a second income stream, this is a good investment.

Please call Frank Boldizar at (330) 998-0459
Email: frank
[email protected]

Robin L Brower (440) 862-0352

Investment highlights

- 9,000 SF building with modern amenities

- Built in 1988 with updated infrastructure

- Zoned for Office use, ideal for professional services

- Located in the Medical Office area for synergy

- Ample parking for employees and visitors

- Proximity to local amenities and major roadways

Income producing currently

Listing Contacts

Coldwell Banker Commercial Schmidt Realty Geneva
Listed by Coldwell Banker Commercial Schmidt Realty Geneva

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