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Senior Housing Facility with Walkout Basement
For Sale
$1,250,000

16231 Broadway Ave, Maple Heights, OH 44137

Three-level senior housing facility with elevators, dining areas, activity rooms, and a full-service commercial kitchen.

Property Size40,000 SF
Lot Size3.00 Acres
Price / SF$31.25
Days on Market87

Property Features for 16231 Broadway Ave

General Information

Standard status Active
Size 40,000 SF
Total Parking Spaces 84
Elevators Yes
Lot size 3.00 Acres

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $34,028

Amenities

offices
exercise and activity rooms
dining areas
finished walkout basement
full-service commercial kitchen
storage
laundry

Building Details

Buildings 1
Stories 3
Construction steel-beam
Listing Agency: EXP Realty, LLC.
Listed By: Lloyd Fox · License #2021001475
Source: Exprealty
Added: Jun 5 Changed: Aug 29 Last Checked: Jul 3 at 9:42PM

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 EXP Realty, LLC.

Investment Insights

Based on property information with market context.

Built in 1986, this senior housing facility occupies a three-acre site and includes a 40,000-square-foot, three-level steel-beam building. The property provides 100 beds across just over 50 rooms, with two elevators, offices, exercise and activity rooms, dining areas, and a finished walkout basement. Additional operational areas include a full-service commercial kitchen, storage, laundry, and mechanical facilities.

The property is positioned along I-480 between I-271 and I-77, with access from Lee and Broadway through three driveways. An 84-space paved parking lot serves the building. Commercial zoning is in place, and the source information identifies potential use for senior housing or multifamily apartments.

Key Highlights

  • Three‑acre site with a 40,000‑square‑foot, three‑level steel‑beam building
  • 100 beds distributed across just over 50 rooms
  • Two elevators, offices, exercise and activity rooms, and dining areas

Property Analytics

Current Use

Senior Housing / Retirement ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Gym & Fitness Center 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44137, OH

23,759
Population
10,076
Households
2.4
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,569
Density / Sq Mi
$52,990
Median Household Income
$34,690
Median Earnings
$1,322
Median Rent
$89,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Maple Heights AAC 14775 Broadway Ave, Maple Heights, OH 44137

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Three-level senior housing facility with elevators, dining areas, activity rooms, and a full-service commercial kitchen.
Where is this senior housing / retirement home located?
The property is located at 16231 Broadway Ave Maple Heights, OH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three‑acre site with a 40,000‑square‑foot, three‑level steel‑beam building; 100 beds distributed across just over 50 rooms; Two elevators, offices, exercise and activity rooms, and dining areas
More about this property
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