RobHohler
SQUARE FEET4,510
MLS#9070597
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Medical office investment opportunity offering a 12.5%+ CAP rate in Bellevue. The updated office building sits on nearly 10 acres with strong visibility and access from RT 4 and RT 113. The property is leased through May 31, 2030 (lease began June 1, 2025). Landlord pays real estate taxes, insurance, and maintenance. Currently configured as a medical office with two waiting rooms, reception/admin area, nurses' station, nine exam rooms, physician office, three procedure rooms, lead-lined X-ray room, research room, kitchen/break room, four restrooms, and IT/utility space. The property includes 40+ parking spaces with dual access points from both highways. Building was fully renovated in 2018 with new furnaces installed in 2024, providing a well-maintained investment property.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Heating: Natural Gas
Lot Size: 10.00 Acres
Roof Type: Wood
Taxes: $5,349
Year Built: 1968
Feature Descriptions
Current Use: Medical/Dental
Days on Site: 4
Electric: Ohio Edison
Exterior: Brick
Frontage: 1225
Parcel #: 200020020340000 and 20039A010010000
Parking: 40
Parking Total: 40
SQFT Building Total: 4510
Water: Well
Listed By / Shown By
Listed By
Agency Name: RE/MAX Quality Realty
Agency Phone: 419-627-1996
Agent Name: Frank Van Dresser
Shown By
Agent Name: Rob Hohler
Agent Phone: Cell: (419) 602-7577
Agency Title: Key Realty
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5433 State Route 113 | MLS# 9070597
This commercial property located at 5433 State Route 113, Bellevue, OH 44811 is currently listed for sale with an asking price of $405,000. Search Bellevue real estate on robhohler.ikeyrealty.com today.