Commercial Real Estate for Sale at 5433 State Route 113 in Bellevue, OH for $405,000

Javascript is required to view this map.

5433 State Route 113 | Bellevue

$405,000 | 0.0 Sq. Ft.

Medical Office Investment Opportunity - 12.5%\u002B CAP Rate | Bellevue\r\n\r\nStrong 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%\u002B 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.\r\n\r\nCurrently operating as a medical office, the functional layout includes two waiting rooms, reception area with administrative office, nurses\u0027 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.\r\n\r\nThe site provides 40\u002B parking spaces for staff and patients and features dual access points from RT 4 and RT 113, offering convenient ingress and egress.\r\n\r\nThe building underwent a full office renovation in 2018, with new furnaces installed in 2024, providing investors a well-maintained asset with recent capital improvements. MLSNow 5190798 Directions to property: US 20 W to Beckstein Road, turn right onto OH-4 N

MLS Listing ID: 
MLSNow 5190798
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$405,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Office
Primary Market Area: 
Bellevue
Address: 
5433 State Route 113, Bellevue, OH 44811
County: 
Huron
Latitude: 
41.2809050
Longitude: 
-82.7884180
Directions: 
US 20 W to Beckstein Road, turn right onto OH-4 N
Public Remarks: 
Medical Office Investment Opportunity - 12.5%\u002B CAP Rate | Bellevue\r\n\r\nStrong 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%\u002B 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.\r\n\r\nCurrently operating as a medical office, the functional layout includes two waiting rooms, reception area with administrative office, nurses\u0027 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.\r\n\r\nThe site provides 40\u002B parking spaces for staff and patients and features dual access points from RT 4 and RT 113, offering convenient ingress and egress.\r\n\r\nThe building underwent a full office renovation in 2018, with new furnaces installed in 2024, providing investors a well-maintained asset with recent capital improvements.
Community Information
School District: 
Bellevue CSD - 3901
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
1968
Living Area: 
0.0
Construction
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Well
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
10
Lot Size (Area): 
10
Lot Features
Total Parking Spaces: 
40
Public Record
Parcel Number: 
20-039A-01-001-0000
Annual Tax: 
$5,349.52
Contract Details
Details about the listing contract.
Possession: 
Other
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX Quality Realty

Request More Information