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Renovated Medical Office Property
For Sale
$350,000

5433 State Route 113, Bellevue, OH 44811

Medical/Dental,Professional/Office,Dental, Bellevue, OH

Property SizeContact for details
Lot Size10.00 Acres
Days on Market178

Property Features for 5433 State Route 113

General Information

Property type Commercial Sale
Property subtype Other
Directions US 20 W to Beckstein Road, turn right onto OH-4 N
Subdivision Huron
Standard status Active
APN 200020020340000 and 20039A010010000
Lot size 10.00 Acres

Taxes and HOA fees

Tax Description SEC 2 LOT 1 and SEC 2 LOT 26
Tax Annual Amount 2675
Legal Description SEC 2 LOT 1 and SEC 2 LOT 26

Utilities

Heating system Natural Gas

Building Details

Year built 1968
Roof type Wood
Listing Agency: RE/MAX Quality Realty
Listed By: Frank Van Dresser · License #2001016429
Added: Mar 5 Changed: Aug 19 Last Checked: Aug 30 at 12:06PM
MLS# 9070597

Copyright © 2026 Mansfield Association of Realtors. 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 occupies nearly 10 acres and was fully renovated in 2018. Its interior includes two waiting rooms, a reception and administrative area, nurses' station, nine exam rooms, physician office, three procedure rooms, a lead-lined X-ray room, research room, kitchen and break room, four restrooms, and IT and utility space. New furnaces were installed in 2024.

The site offers dual access from State Routes 4 and 113, with 40+ parking spaces serving the building. The property is leased through May 31, 2030, under a lease that began June 1, 2025. The landlord is responsible for real estate taxes, insurance, and maintenance. The stated capitalization rate is 12.5%+.

Key Highlights

  • 12.5%+ CAP rate
  • 9.997‑acre medical office property
  • Fully renovated in 2018; new furnaces installed in 2024

Property Analytics

Current Use

Medical Office Space

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44811, OH

12,698
Population
5,658
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
92%
High-School Grad
118.3 sq mi
ZIP Area
107
Density / Sq Mi
$64,453
Median Household Income
$41,317
Median Earnings
$743
Median Rent
$156,900
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured with multiple exam and procedure rooms, administrative areas, support spaces, and access from two state routes.
Where is this medical office space located?
The property is located at 5433 State Route 113 Bellevue, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 12.5%+ CAP rate; 9.997‑acre medical office property; Fully renovated in 2018; new furnaces installed in 2024
More about this property
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