Medical Office
For Sale
$1,000,000
464 Richmond Road, Cleveland, OH 44143
A physician-operated surgery center and additional medical occupants support an established healthcare setting.
Property Size9,404 SF
Price / SF$106.34
Days on Market578
Property Features for 464 Richmond Road
General Information
Standard status
Active
Size
9,404 SF
Property subtype
Office
Occupancy
80%
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Property Use
Medical Office
Medical Specialty
surgery
Taxes and HOA fees
Annual Taxes
$31,073
Building Details
Building Size
9,404 SF
Year Built
1988
Buildings
1
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
Life Stages Realty LLC
Listed By:
Nicolette Kuebeler · License #2022002552
(330) 322-3637
Source:
Lifestagesrealty
Added: Mar 29, 2025
Changed: Oct 27
Last Checked: Oct 27 at 4:08AM
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 Life Stages Realty LLC
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Investment Insights
Based on property information with market context.
This 9,404-square-foot medical office building was constructed in 1988 and includes an on-site surgery center. The current owner is a private physician and may be interested in continuing occupancy as a tenant. Existing occupants include a music studio and a nurse training organization, with most occupancy associated with medical uses.
Situated at 464 Richmond Road in Cleveland, the property is in a commercial area described as developing. Reported building occupancy is 70 to 80 percent.
Situated at 464 Richmond Road in Cleveland, the property is in a commercial area described as developing. Reported building occupancy is 70 to 80 percent.
Key Highlights
- 9,404‑square‑foot medical office property built in 1988
- On‑site surgery center operated by the current physician‑owner
- Reported occupancy ranges from 70 to 80 percent
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Current Use
Lease Details
80%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44143, OH
25,339
Population
11,879
Households
2.1
Avg Household Size
50
Median Age
43%
College-Educated
94%
High-School Grad
14.1 sq mi
ZIP Area
1,797
Density / Sq Mi
$75,853
Median Household Income
$52,497
Median Earnings
$952
Median Rent
$252,200
Median Home Value
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Market
Vacancy Rate% for Office in Cleveland, OH
Similar Off Market Nearby
- Hillcrest Animal Hospital — 26800 Highland Rd, Richmond Heights, OH 44143
Frequently Asked Questions
What type of property is this?
Medical Office Space - A physician-operated surgery center and additional medical occupants support an established healthcare setting.
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: 9,404‑square‑foot medical office property built in 1988; On‑site surgery center operated by the current physician‑owner; Reported occupancy ranges from 70 to 80 percent
