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25799363
25799377

136 N Ridge St, Monroeville, OH 44847

FV
OH OH 2001016429
RE/MAX Quality Realty Norwalk
Listed by RE/MAX Quality Realty Norwalk
$525,000
333 days on market
Updated 78 days ago

136 N Ridge Street, Monroeville, OH 44857

Details
Property Type Office
Sub Type Medical Office, Executive Office (+1)
Square Footage 5,099
Net Rentable (SqFt) 5,099
Units 2
Cap Rate 8.40%
NOI $43,090
Occupancy 100%
Tenancy Multi
Lease Expiration 06/30/2027
Class C
Year Built 1998
Buildings 1
Stories 1
Acreage 2.110
Zoning B-1
Parking Spaces 58 spaces
Parking per 1,000 SqFt 11.37
Investment Type Owner/User
Ownership MONROEVILLE BUILDING LLC

Office | 8.40% CAP | 5,099 SqFt

Marketing description

An exceptional opportunity to acquire a stabilized, income-producing commercial asset in the heart of Monroeville, Ohio. This well-maintained two-unit office/medical building is fully leased, including one suite occupied by a long-standing dental practice, providing immediate and reliable cash flow.

In addition to the building’s tenant income, the property includes a leased on-site billboard, generating additional passive revenue and enhancing overall returns. This ancillary income source requires no active management, further strengthening the property's appeal as a low-maintenance investment.

Suite B is professionally configured to support a wide range of office or medical uses. The layout includes three private offices, an open bullpen area, three restrooms, a break room with kitchenette, a file/storage room, and a welcoming reception area. The design supports efficient operations and provides flexibility for future users.

Strategically positioned on a high-visibility corner lot along N Ridge Street (State Route 99) and US Highway 20, the property benefits from prominent exposure, strong daily traffic counts, and convenient access for both tenants and visitors. The layout supports low operational overhead and minimal management burden—making this an ideal passive investment.


Investment highlights

Fully leased two-unit office/medical building

Anchor tenant: Established dental practice with long-term presence

Second unit leased to professional office/medical user

Prime corner lot location on N Ridge Street (State Route 99) with excellent visibility

Billboard lease provides additional passive income

Ample on-site parking for tenants and visitors

Well-maintained structure with low capital expenditure needs

Functional layouts including private offices, reception, restrooms, and kitchenette

Located in a growing commercial corridor in Monroeville, OH

Ideal for passive investors seeking stable, multi-tenant cash flow

Listing Contacts

FV
OH OH 2001016429
RE/MAX Quality Realty Norwalk
Listed by RE/MAX Quality Realty Norwalk

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$43,090.00
$3,590.83/mo

Valuation Metrics

0
DSCR
8.21%
Cap Rate
8.21%
ROI

Map

Zoning

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A AgricultureAgriculture
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View all 1 uses
View all 1 uses
Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Frank Van Dresser
License
OH 2001016429
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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