Medical office investment opportunity offering a 12.5%+ CAP rate in Bellevue. The updated office building sits on nearly 10 acres with strong visibility and access from RT 4 and RT 113. The property is leased through May 31, 2030 (lease began June 1, 2025). Landlord pays real estate taxes, insurance, and maintenance. Currently configured as a medical office with two waiting rooms, reception/admin area, nurses' station, nine exam rooms, physician office, three procedure rooms, lead-lined X-ray room, research room, kitchen/break room, four restrooms, and IT/utility space. The property includes 40+ parking spaces with dual access points from both highways. Building was fully renovated in 2018 with new furnaces installed in 2024, providing a well-maintained investment property.
| MLS # | 9070597 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 222 |
| Listing Provided By | RE/MAX Quality Realty | Frank Van Dresser |
| SQ Feet | 4,510 |
|---|---|
| Zoning | Other |
| Acreage | 10.00 |
| Property | 2674 |
|---|
| State | OH |
|---|---|
| County | Huron |
| City | Bellevue |
| Zip Code | 44811 |
| Listing VS Median (in 44811) | |
Price: $350,000 low | high Med: $250,000 sqft: 4,510 low | high Med: 4,579 $ / sqft: $78 low | high Med: $55 On site: 222 low | high Med: 41 | |
| State | OH |
|---|---|
| County | Huron |
| City | Bellevue |
| Zip Code | 44811 |
| Listing VS Median (in 44811) | |
Price: $350,000 low | high Med: $250,000 sqft: 4,510 low | high Med: 4,579 $ / sqft: $78 low | high Med: $55 On site: 222 low | high Med: 41 | |