Two-Suite Medical Office
For Sale
Contact for pricing
43 Northwood Drive, Delaware, OH 43015
Medical office building with two halves, each featuring exam rooms and multiple restrooms across from OhioHealth Grady Memorial Hospital.
Property Size3,720 SF
Days on Market122
Property Features for 43 Northwood Drive
General Information
Standard status
Active
Size
3,720 SF
Property subtype
Office, Mixed Use
Additional Details
Heavy Power
Yes
Listing Agency:
Alterra Real Estate Advisors
Listed By:
Bradford Kitchen · License #390306
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 5:26AM
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 Alterra Real Estate Advisors
Investment Insights
Based on property information with market context.
This property is a two-suite medical office building currently operating as medical office space, with zoning that also allows residential use. The building is set up as two halves, with approximately 1,860 SF per side. One side includes 3 restrooms and 6 exam rooms, while the other side includes 4 restrooms and 4 exam rooms; many exam rooms could potentially be converted into bedrooms if redeveloped.
The property is located at 43 Northwood Drive in Delaware, Ohio, and sits across the street from OhioHealth Grady Memorial Hospital. It is served by 3-phase, 200-amp electric service.
The existing configuration supports either continued medical office use for an owner/user or a residential conversion scenario, with the layout offering clear separation between the two sides for leasing or redevelopment.
The property is located at 43 Northwood Drive in Delaware, Ohio, and sits across the street from OhioHealth Grady Memorial Hospital. It is served by 3-phase, 200-amp electric service.
The existing configuration supports either continued medical office use for an owner/user or a residential conversion scenario, with the layout offering clear separation between the two sides for leasing or redevelopment.
Key Highlights
- Approximately 1,860 SF per side medical office building with two halves and shared opportunity to live and/or generate rental income
- One side includes 3 restrooms and 6 exam rooms; the other side includes 4 restrooms and 4 exam rooms
- Medical office layout offers potential to convert to a duplex or single‑family residence, with many exam rooms potentially converted to bedrooms
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43015, OH
57,563
Population
23,287
Households
2.5
Avg Household Size
38
Median Age
47%
College-Educated
96%
High-School Grad
127.9 sq mi
ZIP Area
450
Density / Sq Mi
$99,622
Median Household Income
$50,799
Median Earnings
$1,207
Median Rent
$311,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building with two halves, each featuring exam rooms and multiple restrooms across from OhioHealth Grady Memorial Hospital.
Where is this medical office space located?
The property is located at 43 Northwood Drive Delaware, OH.
What are key features of this property?
This property features: Approximately 1,860 SF per side medical office building with two halves and shared opportunity to live and/or generate rental income; One side includes 3 restrooms and 6 exam rooms; the other side includes 4 restrooms and 4 exam rooms; Medical office layout offers potential to convert to a duplex or single‑family residence, with many exam rooms potentially converted to bedrooms
