About This Home

This 0-bedroom, 0-bathroom commercial at 464 Richmond Road in Cleveland, OH is listed for $1,000,000. Built in 1988, on a 0.60 acres lot.

Key Features

  • Built in 1988
  • 0.60 acre lot

Property Details

1988

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

464 Richmond Road

Cleveland, OH 44143

Joseph A Huber Realty Co

Property Details

Heating

Forced Air

Cooling

Central AirMulti Units

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 464 Richmond Road is listed at $1,000,000. The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1988, 0.60 acre lot.

This property is listed by Frank Boldizar.

FB

Frank Boldizar

License 400958

Agent at Coldwell Banker Schmidt Realty

Listed by Coldwell Banker Schmidt Realty · Broker phone: (440) 572-0220 · Broker website

MLS# 5111281· Source: MLS Now· 580 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

464 Richmond Road, Cleveland, OH 44143

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