29
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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 20260598
HOA Y/N No
Year Built 1968
Annual Tax Amount $5,349
Tax Year 2025
Lot Size 9.997 Acres
Property Sub-Type Office
Property Description
Medical Office Investment Opportunity - 12.5%+ CAP Rate | BellevueStrong 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 Natural Gas, Forced Air
Cooling Central Air
Exterior
Utilities Available Electricity Connected
Roof Type Asphalt
Building
Story 1
Sewer Septic Tank
Water Well
Listed by Frank Van Dresser • RE/MAX Quality Realty - Norwalk
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