32
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$405,000
Est. payment /mo
10 Acres Lot
Active
5433 State Route 113 Bellevue, OH 44811
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5190798
HOA Y/N No
Year Built 1968
Annual Tax Amount $5,349
Tax Year 2025
Lot Size 9.997 Acres
Acres 9.997
Property Sub-Type Office
Stories One
Story One
Property Description
Medical Office Investment Opportunity - 12.5%+ CAP Rate | Bellevue
Strong medical office investment opportunity featuring an updated office building situated on an attractive nearly 10-acre site with excellent visibility and access from RT 4 and RT 113. The property offers a 12.5%+ CAP rate with a 5-year lease that commenced June 1, 2025 and runs through May 31, 2030. Landlord is responsible for real estate taxes, insurance, and maintenance.
Currently operating as a medical office, the functional layout includes two waiting rooms, reception area with administrative office, nurses' station, nine exam rooms, physician office, three procedure rooms, lead-lined X-ray room, research room, kitchen/break room, four restrooms, and an IT/utility closet.
The site provides 40+ parking spaces for staff and patients and features dual access points from RT 4 and RT 113, offering convenient ingress and egress.
The building underwent a full office renovation in 2018, with new furnaces installed in 2024, providing investors a well-maintained asset with recent capital improvements.
Strong medical office investment opportunity featuring an updated office building situated on an attractive nearly 10-acre site with excellent visibility and access from RT 4 and RT 113. The property offers a 12.5%+ CAP rate with a 5-year lease that commenced June 1, 2025 and runs through May 31, 2030. Landlord is responsible for real estate taxes, insurance, and maintenance.
Currently operating as a medical office, the functional layout includes two waiting rooms, reception area with administrative office, nurses' station, nine exam rooms, physician office, three procedure rooms, lead-lined X-ray room, research room, kitchen/break room, four restrooms, and an IT/utility closet.
The site provides 40+ parking spaces for staff and patients and features dual access points from RT 4 and RT 113, offering convenient ingress and egress.
The building underwent a full office renovation in 2018, with new furnaces installed in 2024, providing investors a well-maintained asset with recent capital improvements.
Location
State OH
County Huron
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Well
Roof Type Asphalt
Present Use Medical/Dental
Total Parking Spaces 40
Building
Sewer Septic Tank
Water Well
Level or Stories One
Schools
School District Bellevue Csd - 3901
Others
Tax ID 20-039A-01-001-0000
Special Listing Condition Standard
Listed by Frank Van Dresser • RE/MAX Quality Realty • 419-663-3536, ellencoffman@remax.net
NEARBY SCHOOL & BUSINESS
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