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    2050 4 St Ontario, OH 44906

    For Sale
    $449,000

    Prime Medical Office Space, Two Units Available

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 4,550-square-foot medical office building in Ontario, Ohio, presents a unique investment opportunity. Currently configured as two separate units, approximately 2,500 square feet and 2,000 square feet, the space offers significant flexibility. The units can easily be combined to create a larger, cohesive space to suit a variety of medical practices. Each unit features a thoughtfully designed layout, including a reception/waiting area to welcome patients, private offices for consultations and administrative tasks, multiple exam rooms for patient care, and ADA-compliant restrooms for accessibility. The building's design prioritizes both patient comfort and operational efficiency. The property is offered for sale at $449,000. Alternatively, the building is also available for lease at a competitive rate of $10 per square foot annually, net. This presents a compelling option for medical professionals seeking a well-appointed space in a desirable location. The property's location in Ontario, OH, offers convenient access to major transportation routes and a thriving community. Serious inquiries are encouraged to explore this exceptional opportunity further. Detailed floor plans and further information are available upon request.

    Property Features for 2050 4 St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1977
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    Richland County
    State
    Ohio
    Longitude
    -82.58734
    Latitude
    40.7723

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Medical Office Space, Two Units Available
    Where is this commercial real estate located?
    The property is located at 2050 4 St Ontario, OH.
    What is the asking price?
    The asking price for this property is $449,000.
    (419) 756-8383
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    2050 4 St Ontario, OH 44906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2050 4 St Ontario, OH 44906
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