390 Robinson Ave - Freestanding FOR SALE


Barberton, OH 44203
$1,697,000 USD
262-672-8388
390 Robinson Ave, Barberton, OH for Sale
$1,697,000 USD
Freestanding - FOR SALE
1/3
null | 8.25% Cap Rate

390 Robinson Ave
Barberton, OH 44203


HIGHLIGHTS

  • Federally Qualified Health Center Anchor: AxessPointe Community Health Centers leases more than 12,200 square feet and represents roughly seventy two
  • Complementary Healthcare Tenancy and On-Site Pharmacy: Ascent Audiology and Hearing occupies nearly 3,000 square feet, and an AxessPointe branded phar
  • Clear Value Add Potential: Approximately 1,700 square foot suite is vacant, representing about 10% of the building, with potential to add around thirt
  • Modern Two-Story MOB: Constructed in 2003, the two-story, class B condominium totals approximately 16,836 SF with elevator access and efficient suite
  • Strategic Location Near Hospital: Located less than one mile from Summa Health System Barberton Campus, allowing tenants to coordinate care and access
  • Dense Trade Area with Senior Demographics: Five-mile population exceeds 113,000 with an average household income above $60,000, supporting a deep and

OVERVIEW

Broker of Record Matt Wallace License # REC.2022007141, BRKP.2024002419 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,697,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8.25% CAP MOB | $100/FT | 3.5 YR WALT | OHIO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store, Fast Food, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

-

APN/PARCEL ID

01-16242

ASK ABOUT THIS PROPERTY

Kyle MackulakMatthews Real Estate Investment ServicesMore Info
262-672-8388

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Kyle MackulakMatthews Real Estate Investment ServicesMore Info
262-672-8388

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