Medical Office
464 Richmond Road Cleveland, OH 44143
464 Richmond Road, Cleveland, OH, 44143
$1,000,000
For Sale
$1,000,000
Well-maintained medical building with an on-site surgery center and 70–80% occupancy.
Property Size9,404 SF
Price / SF$106.34
Days on Market534
Property Features for 464 Richmond Road
General Information
- Standard status
- Active
- Size
- 9,404 SF
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing agency
Coldwell Banker Schmidt Realty
(330) 998-0459
Listed by
Frank Boldizar · License #400958
(330) 998-0459
Source
Xome
Added: Feb 3, 2025 Updated: Jul 22 at 3:58PM Checked: Jul 22 at 3:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmidt Realty
Investment Insights
Based on property information with market context.
This well-maintained medical building is currently owned by a private physician, with their surgery center operating on-site. The property benefits from a mix of existing tenants, including a small music studio and a nurse training organization, with a majority of the occupancy described as medical. The building’s stated occupancy rate is approximately 70 to 80%, supporting income from existing operations.
The offering is positioned in a rapidly developing commercial area. The owner may be interested in remaining as a tenant, depending on final terms.
As presented, this is a medical-focused facility intended for physician practices seeking to operate within an established medical environment, while also providing potential secondary income through ownership.
The offering is positioned in a rapidly developing commercial area. The owner may be interested in remaining as a tenant, depending on final terms.
As presented, this is a medical-focused facility intended for physician practices seeking to operate within an established medical environment, while also providing potential secondary income through ownership.
Key Highlights
- Well‑maintained medical building with an on‑site surgery center operated by the private physician
- 70% to 80% occupancy rate reported
- Central air cooling and heating system (heating listed as '3')
Property Analytics
Location Intelligence
Current Use by Public Records
U-Haul Neighborhood Dealer
Car Rental Facility
First Hands Health ...
Vocational School
Bevolve
(Bike/Boat/Book/etc) Store
Group4 Fitness Systems
Gym & Fitness Center
Cleveland Quality Healthnet
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Hillcrest Animal Hospital — 26800 Highland Rd, Richmond Heights, OH 44143
FAQs
What type of property is this?
Medical Office Space - Well-maintained medical building with an on-site surgery center and 70–80% occupancy.
Where is this medical office space located?
The property is located at 464 Richmond Road Cleveland, OH.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Well‑maintained medical building with an on‑site surgery center operated by the private physician; 70% to 80% occupancy rate reported; Central air cooling and heating system (heating listed as '3')
