Search
Two-Story Medical Office Building
For Sale
Contact for pricing

507 E River Street, Elyria, OH 44035

Medical office property near UH Elyria Medical Center with an adjacent corner parcel also available.

Property Size5,420 SF
Lot Size0.47 Acres
Price / SF$54.43
Days on Market10

Property Features for 507 E River Street

General Information

Standard status Active
Size 5,420 SF
Lot size 0.47 Acres
Property subtype Office

Building Details

Buildings 1
Stories 2
Building Size 5,420 SF
Listing Agency: JLL - Cleveland, Ohio
Listed By: Don Bain Jr. · License #OH SAL.0000314090
Source: Crexi
Added: Aug 10 Changed: Aug 15 Last Checked: Aug 19 at 1:18AM

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 JLL - Cleveland, Ohio

Investment Insights

Based on property information with market context.

This two-story medical office building contains 5,420 SF on a 0.47-acre site. Its existing medical-office configuration provides a defined setting for professional healthcare operations and related office use.

The property is located at 507 E River Street in Elyria, Ohio, less than one block from UH Elyria Medical Center and just east of downtown Elyria. An adjacent 0.30-acre corner lot is also available for sale, providing an additional parcel option alongside the building.

Key Highlights

  • 5,420 SF two‑story medical office building
  • 0.47 total acres included with the property
  • Less than one block from UH Elyria Medical Center

Property Analytics

Current Use

Liengkong Siew Inc Physician Castollo Lin Employment Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office property near UH Elyria Medical Center with an adjacent corner parcel also available.
Where is this medical office space located?
The property is located at 507 E River Street Elyria, OH.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 5,420 SF two‑story medical office building; 0.47 total acres included with the property; Less than one block from UH Elyria Medical Center
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message