Medical Office Building with Surgery
464 Richmond Road Cleveland, OH 44143
For Sale
$1,000,000
SINGLE_FAMILY - Cleveland, OH
Lot Size0.60 Acres
Days on Market486
Property Features for 464 Richmond Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 662-15-020
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- 34 SWC RICHMOND RD
- Tax Annual Amount
- 31073
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Multi Units, Central Air
- Water source
- Public
Building Details
- Year built
- 1988
Listing Agency:
Coldwell Banker Schmidt Realty
(440) 526-0500
Listed By:
Frank Boldizar · License #400958
(330) 998-0459
Added: Mar 29, 2025
Changed: Jun 10
Last Checked: Jul 27 at 4:06AM
MLS# 5111281
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 is presented in a medical office configuration suited to physician practices and related healthcare uses. The building is described as having a 70 to 80% occupancy rate, and the majority of space is occupied by a small music studio and a nurse training organization.
The property is located at 464 Richmond Road in Cleveland, OH 44143, within a rapidly developing commercial area. It is being offered for sale as a standalone medical asset, with the owner potentially interested in remaining as a tenant.
For physicians or healthcare operators looking for a dedicated medical space, the existing on-site surgery center and established tenant mix may align with on-going practice needs. Buyers seeking an owner-occupier path may also find the potential to have the current owner remain as a tenant practical. As an investment, the stated occupancy range and current mix of medical-adjacent tenants provide a baseline for operating considerations from day one, subject to verification and diligence.
The property is located at 464 Richmond Road in Cleveland, OH 44143, within a rapidly developing commercial area. It is being offered for sale as a standalone medical asset, with the owner potentially interested in remaining as a tenant.
For physicians or healthcare operators looking for a dedicated medical space, the existing on-site surgery center and established tenant mix may align with on-going practice needs. Buyers seeking an owner-occupier path may also find the potential to have the current owner remain as a tenant practical. As an investment, the stated occupancy range and current mix of medical-adjacent tenants provide a baseline for operating considerations from day one, subject to verification and diligence.
Key Highlights
- Medical building built in 1988 with forced air heating and central air cooling
- On‑site surgery center operating with current ownership by a private physician
- 70%–80% occupancy rate reported
Property Analytics
Property Profile
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 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 on-site surgery center and multiple medical-oriented tenants.
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: Medical building built in 1988 with forced air heating and central air cooling; On‑site surgery center operating with current ownership by a private physician; 70%–80% occupancy rate reported
