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    1050 Isaac Streets Dr Oregon, OH 43616

    Sponsored
    For Sale
    $199,900

    Prime Medical Office Condo, Ohio

    Property size:
    2,902 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,902 square foot medical office suite is situated within a well-maintained professional condominium in Oregon, Ohio. Ideally suited for an owner-user or investment opportunity, the property boasts a convenient location, just three-quarters of a mile from the I-280 interchange and a quarter-mile from SR-2/Navarre Avenue, Oregon's main retail corridor. Its adjacency to Mercy St. Charles Hospital, major retail establishments, and several national hotel chains ensures high visibility and accessibility. The suite itself features a thoughtfully designed layout including two waiting rooms, a break room, a receptionist office, a private office, eight exam rooms/offices, and two bathrooms (one ADA compliant). A private back entrance adds to the convenience. The property includes access to 180 shared parking spaces, with two curb cuts off Isaac Streets Drive, and additional access from St. Charles Hospital via Wheeling and Navarre. Built in 1983, this single-story building sits on a 3.69-acre lot and is zoned C3-Planned Commercial. The asking price is $199,900 ($68.88/sq ft). Interior digital display signage opportunities are available. High traffic counts are reported on Navarre Avenue (28,037 VPD in 2023) and I-280 (10,710 VPD in 2023). The property's APN is 4491575. This is a turnkey opportunity for a thriving medical practice or savvy investor.

    Property Features for 1050 Isaac Streets Dr

    General Information

    Property type
    Medical offices
    Square Feet
    2,902 SF
    Lot Size
    160,736 SF

    Building Details

    Year Built
    1983
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Medical office space with 2 waiting rooms, reception area, private office, 8 exam rooms, and 2 bathrooms (1 ADA compliant).
    • 180 shared parking spaces.
    • Convenient access from Isaac Street (2 curb cuts) and St. Charles Hospital.
    • Digital signage opportunity available.
    • High traffic counts: Navarre Ave (28,037 VPD in 2023) and I‑280 (10,710 VPD in 2023).
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Lucas
    State
    Ohio
    Longitude
    -83.4829268
    Latitude
    41.6338591

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Condo, Ohio
    Where is this medical office located?
    The property is located at 1050 Isaac Streets Dr Oregon, OH.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Medical office space with 2 waiting rooms, reception area, private office, 8 exam rooms, and 2 bathrooms (1 ADA compliant).; 180 shared parking spaces.; Convenient access from Isaac Street (2 curb cuts) and St. Charles Hospital.
    Request Owner's contact information
    1050 Isaac Streets Dr Oregon, OH 43616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1050 Isaac Streets Dr Oregon, OH 43616
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