Property profile

23 S Court St L-3 Medina, OH 44256

FOR SALE
Investment properties
Property ID
US66-1698116
19,533 SF 0.22 ac lot Built 1872
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a thriving health and wellness center located in the vibrant Medina Square. Priced at $365,000, this sale includes all state-of-the-art equipment (acquired within the last two years), a transferable lease (subject to landlord approval), a substantial client database of 1200 individuals, and established partnerships with medical providers. The business model successfully integrates in-person and remote services, offering medical weight loss treatments including Cryolipolysis (Cryo), Semaglutide prescriptions, and various wellness packages combining cryo slimming, sauna use, spin class, and red light therapy. The current average of 250 in-office appointments per month, excluding telehealth consultations, demonstrates strong client demand. Significant cost savings are realized through outsourcing to an office medical director, eliminating $1500-$2000 in monthly overhead. Telehealth capabilities offer substantial expansion potential into a wider range of medical services. The business operates on a 0.22-acre lot and benefits from the high foot traffic of Medina Square's prime location. This is an ideal acquisition for a licensed RN/NP seeking ownership of a profitable and scalable business with established infrastructure and a loyal client base. Full equipment and service lists are available upon request. The sale includes all equipment, free and clear, with no franchise fees or restrictions. New owners will be responsible for monthly lease payments and managing lease requirements.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1872
Total area 19,533 SF
Lot 0.22 ac (9,409 SF)
APN 028-19A-21-212
UPID US66-1698116

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23 S Court St, Unit L-3 Medina, OH 44256
Medina metro Census 408201 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$385k

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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