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Listed by Frank Van Dresser of RE/MAX Quality Realty
$ 405,000
Est. payment /mo
Active
5433 State Route 113 Bellevue, OH 44811
4,510 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,510 sqft
Price per Sqft $89
Subdivision Huron County
MLS Listing ID 9070597
Year Built 1968
Annual Tax Amount $5,349
Lot Size 9.997 Acres
Property Sub-Type Commercial
Property Description
Medical office investment opportunity offering a 12.5%+ CAP rate in Bellevue. The updated office building sits on nearly 10 acres with strong visibility and access from RT 4 and RT 113. The property is leased through May 31, 2030 (lease began June 1, 2025). Landlord pays real estate taxes, insurance, and maintenance. Currently configured as a medical office with two waiting rooms, reception/admin area, nurses' station, nine exam rooms, physician office, three procedure rooms, lead-lined X-ray room, research room, kitchen/break room, four restrooms, and IT/utility space. The property includes 40+ parking spaces with dual access points from both highways. Building was fully renovated in 2018 with new furnaces installed in 2024, providing a well-maintained investment property.
Location
State OH
County Huron County
Area 4510
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Parking Features 40
Garage Spaces 40.0
Roof Type Wood
Garage No
Building
Water Well
Others
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