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    FOR SALE
    Medical Office Space

    9002 Mentor Ave, Mentor, OH 44060

    6,980 SF 1 ac lot Built 1980
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US66-6216933
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 9002 Mentor Ave in Mentor, Ohio (zip code 44060), presents a unique investment opportunity. The 7,500 square foot single-tenant building sits on a 0.79-acre lot and was constructed in 1980. The property boasts ample parking with 14 spaces, conveniently shared with the adjacent UH Hopkins Mentor Health Care facility. This shared parking arrangement provides easy access for patients and staff. The building's prime location on busy Mentor Avenue ensures high visibility and significant drive-by traffic, maximizing exposure for any medical practice. The entire 7,500 square feet is currently vacant, offering immediate occupancy for a new tenant. Previously occupied by an owner-occupied Medicare-accredited center certified by the Accreditation Commission for Health Care (ACHC), this building is well-suited for a variety of medical uses. The property's excellent condition and strategic location make it an ideal choice for healthcare providers seeking a prominent presence in the Mentor community. The building's single-tenant occupancy simplifies management and provides a stable investment opportunity. This is a rare chance to acquire a well-maintained, highly visible medical office building in a thriving Ohio market.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1980
    Total area 6,980 SF
    Lot 1 ac (43,473 SF)
    Zoning code B-2
    APN 16-A-019-A-00-039-0
    UPID US66-6216933
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    E & K 9002 LLC · 12 yrs held
    E & K 9002 LLC
    since 2013
    3 recorded transactions
    2013
    $591,000
    2005
    $510,000
    1999
    Zoning & alternative use
    B-2 · Mentor, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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