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 Market487
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 28 at 4:06PM
MLS# 5111281
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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
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 - 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
