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464 Richmond Road, Cleveland, OH 44143

For Sale

$1,250,000

0.6 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.6 acres
    Lot size

  • 31-40 Years Old
    Age

Explore this Property

This well-maintained medical building is currently owned by a private physician, with their surgery center operating on-site. The owner may be interested in remaining as a tenant. Ideal for physicians looking to establish their practice in a medical space while also benefiting from property ownership as a secondary income stream. The building boasts a 70 to 80% occupancy rate, ensuring strong income potential from day one. A small music studio and a nurse training organization -majority medical occupy. Located in a rapidly developing commercial area, this property presents an excellent investment opportunity in a thriving market.
MLS# 5111281

Courtesy Of Coldwell Banker Schmidt Realty

(440) 526-0500

Property Features

  • Age
    31-40 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.6 Acres

Map and Directions

Directions to 464 Richmond Road, Cleveland, OH 44143

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(440) 449-9100
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.