Medical Office Building with Surgery
For Sale
$1,000,000
464 Richmond Road, Cleveland, OH 44143
CommercialSale, Cleveland, OH
Property SizeContact for details
Lot Size0.60 Acres
Days on Market531
Property Features for 464 Richmond Road
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Joseph A Huber Realty Co
Elementary school district
Richmond Heights LSD - 1825
Middle school district
Richmond Heights LSD - 1825
High school district
Richmond Heights LSD - 1825
Directions
Brainard Rd to Highland Rd to Richmond Rd
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
Legal Description
34 SWC RICHMOND RD
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 · Coldwell Banker Real Estate
(440) 526-0500
Listed By:
Frank Boldizar · License #400958
(330) 998-0459
Added: Mar 29, 2025
Changed: Aug 20
Last Checked: Sep 10 at 5:06AM
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 medical office property at 464 Richmond Road includes an operating surgery center and additional occupants that include a nurse training organization and a small music studio. Medical uses account for the majority of current occupancy, which is reported at 70 to 80%. The building was constructed in 1988 and sits on 0.6 acres in Cleveland, Ohio.
Building systems include forced-air heating and central air conditioning with multiple units. The property is served by public water and public sewer, supporting its established commercial use. The existing occupant mix provides a factual snapshot of current operations within the facility.
Building systems include forced-air heating and central air conditioning with multiple units. The property is served by public water and public sewer, supporting its established commercial use. The existing occupant mix provides a factual snapshot of current operations within the facility.
Key Highlights
- Operating surgery center located within the medical office property
- Reported occupancy of 70 to 80%
- Medical uses represent the majority of current occupancy
Property Analytics
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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
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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 - Established medical operations include an on-site surgery center and nurse training organization.
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: Operating surgery center located within the medical office property; Reported occupancy of 70 to 80%; Medical uses represent the majority of current occupancy
