5433 State Route 113 - Medical FOR SALE


Bellevue, OH 44811
$405,000 USD
419-660-1907
5433 State Route 113, Bellevue, OH for Sale
$405,000 USD
Medical - FOR SALE
1/29
null | Request Cap Rate

5433 State Route 113
Bellevue, OH 44811


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$405,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.44 AC

LAND SF

193,406 SF

ZONING

Commercial (B-1)

APN/PARCEL ID

20-0020-02-034-0000

ASK ABOUT THIS PROPERTY

Frank Van DresserRE/MAX Quality RealtyMore Info
419-660-1907

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Frank Van DresserRE/MAX Quality RealtyMore Info
419-660-1907

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