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Freestanding Three-Level Medical Office Building
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303 E Royalton Rd, Broadview Heights, OH 44147

State-of-the-art freestanding medical office building in Wellpoint Plaza with three levels and strong neighborhood foot traffic.

Property Size22,000 SF
Price / SF$113.64
Days on Market1218

Property Features for 303 E Royalton Rd

General Information

Standard status Active
Size 22,000 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Buildings 1
Stories 3
Building Size 22,000 SF
Listing Agency: Passov Real Estate Group
Listed By: Ann Ertle · License #SAL2007000365
Source: Moodyscre
Added: Mar 31, 2023 Changed: Jul 30 Last Checked: Jul 30 at 5:50AM

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 Passov Real Estate Group

Investment Insights

Based on property information with market context.

Freestanding three-level medical office building within Wellpoint Plaza, presented as a state-of-the-art office/medical facility totaling 22,000 SF. The property is configured to support medical office use, with an on-site, mixed retail setting positioned to serve day-to-day tenant and patient activity.

The building sits within a neighborhood retail center that includes Handel’s Ice Cream and The Boneyard. Nearby, City Hall and the Rec Center are within walking distance, supporting convenient access for visitors and staff. Brecksville Broadview Hts Schools are noted as being in the top 20 in Ohio.

For access to the wider area, the property is described as approximately 5 minutes / 1.9 miles from 77.

Key Highlights

  • Freestanding medical office building with three levels
  • 22,000 SF total building area
  • Located within Wellpoint Plaza

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Accounting Firm

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
Balanced
Demand for This Use

Demographics for 44147, OH

19,872
Population
8,841
Households
2.2
Avg Household Size
43
Median Age
54%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
1,529
Density / Sq Mi
$99,431
Median Household Income
$64,624
Median Earnings
$1,075
Median Rent
$292,500
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
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Similar Off Market Nearby

  • Apple Hill Animal Hospital — 407 E Royalton Rd, Broadview Heights, OH 44147
  • Apple Hill Animal Hospital Inc: Dr. Robert Burge DVM — 407 E Royalton Rd, Broadview Heights, OH 44147

Frequently Asked Questions

What type of property is this?
Medical Office Space - State-of-the-art freestanding medical office building in Wellpoint Plaza with three levels and strong neighborhood foot traffic.
Where is this medical office space located?
The property is located at 303 E Royalton Rd Broadview Heights, OH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Freestanding medical office building with three levels; 22,000 SF total building area; Located within Wellpoint Plaza
(440) 537-5445 Call to check price and availability
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