125 E Broad St - Office CONDO FOR SALE


Elyria, OH 44035
$280,000 USD
216-374-3689
125 E Broad St, Elyria, OH for Sale
$280,000 USD
Office CONDO - FOR SALE
1/29
null | Request Cap Rate

125 E Broad St
Elyria, OH 44035


HIGHLIGHTS

  • 2,260 SF turnkey medical office located on the first floor of the UH Gates Medical Building.
  • Directly adjacent to UH Elyria Medical Center, a 387-bed hospital with strong daily patient traffic and built-in referral potential.
  • Efficient clinical layout featuring multiple exam rooms, physician and NP offices, PFT room, reception, waiting area, kitchen, and private restroom
  • Surrounded by established healthcare users including UH primary care, women’s health, UH Gates Pharmacy, and Quest Diagnostics.
  • Prime central Elyria location minutes from downtown, government offices, and major arterials with excellent accessibility for patients and staff.

OVERVIEW

Located on the first floor of the University Hospitals Gates Medical Building at 125 E Broad St, Elyria, this 2,260 SF medical office condo offers an exceptional plug-and-play opportunity within an active hospital campus environment. The building sits directly adjacent to UH Elyria Medical Center, a 387-bed community hospital that has served Lorain County for more than a century. University Hospitals+1 The Gates Medical Building hosts a mix of established healthcare users, including UH Gates Pharmacy on the first floor, UH primary care and women’s health practices, and Quest Diagnostics, creating strong built-in referral potential and daily patient traffic. The property is conveniently positioned just minutes from downtown Elyria, the courthouse/government district, and major arterial roads, offering easy access for patients and staff from across Lorain County. The condo itself is efficiently configured for clinical use, featuring a welcoming waiting room, reception area, dedicated physician office, multiple patient exam rooms and nurse practitioner rooms, a PFT room (Pulmonary Function Test), kitchen/break room, and a private restroom. First-floor location within the building provides convenient access for patients, staff, and those connecting to services in the adjacent hospital. This is an ideal option for a practice

FOR SALE DETAILS

PRICE

$280,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

UH GATES MEDICAL BUILDING

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

58,000 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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216-374-3689

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216-374-3689

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.