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Listed price in listed location currency (USD).
$405,000

0040

MLS® 20260598

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $5,350
Days Active 5
Approx. Age 1968
MLS® Number 20260598

Property Address: 5433 State Route 113, Bellevue, OH, 44811-9708

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20260598
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1968
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$405,000List Price
-End Date
Not Sold YetSold Price

For Rent

Feb 21, 2025List Date
$72,000List Price
  • Commute

Commute

Starting Address
Destination Address
5433 State Route 113, Bellevue, OH

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