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Medical Office Condo with 7 Offices
For Sale
$285,000

5319 Meadow Lane Court, Sheffield Village, OH 44035

CommercialSale, Sheffield Village, OH

Property Size2,400 SF
Lot Size0.06 Acres
Price / SF$118.75
Days on Market691

Property Features for 5319 Meadow Lane Court

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Office
Subdivision North College Commons Condo
Elementary school district Sheffield-Sheffield - 4713
Middle school district Sheffield-Sheffield - 4713
High school district Sheffield-Sheffield - 4713
Directions N Abbe to Hoag to Meadow Lane. Look for 5319 on the peak of the building.
Standard status Active
APN 03-00-001-704-001
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description NORTH COLLEGE COMMONS CONDO PH 4
Tax Annual Amount 5946
Legal Description NORTH COLLEGE COMMONS CONDO PH 4

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1998
Roof type Asphalt, Fiberglass
Listing Agency: Russell Real Estate Services
Listed By: Chad Schneider · License #2003013268
Added: Oct 14, 2024 Changed: Sep 1 Last Checked: Sep 4 at 10:06PM
MLS# 5077627

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2400 sq ft medical office condo was custom built for a primary care practice and offers a flexible professional layout. Separate public and employee entrances lead to a large foyer, waiting area, and reception zone with counters. The suite includes two bathrooms, including one with a shower, a kitchen area, extensive storage, and seven private rooms or offices equipped with sinks and counters; some rooms also have windows.

Built in 1998, the property has central air, natural gas heating, public water, and public sewer. The association fee covers lawn and snow service, the exterior building, and parking lot maintenance. The office is in Sheffield Village, just minutes from I-90 and 254, with access to Elyria, Avon, Sheffield, and Lorain County Community College.

Key Highlights

  • 2400 sq ft medical office condo built in 1998
  • Seven private rooms or offices with sinks and counters
  • Separate public and employee entrances with foyer, waiting area, and reception

Property Analytics

Current Use

Dr. Rogener B. ... Medical Clinic

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Furniture & Home Goods Computer & Electronic Repair Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional suite with separate public and staff entrances, reception, kitchen area, and multiple sink-equipped rooms.
Where is this medical office space located?
The property is located at 5319 Meadow Lane Court Sheffield Village, OH.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2400 sq ft medical office condo built in 1998; Seven private rooms or offices with sinks and counters; Separate public and employee entrances with foyer, waiting area, and reception
More about this property
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