INNOVATE
Real Estate
464 Richmond Road
1 photo

$1,000,000

464 Richmond Road
Cleveland, OH 44143
Listed by Frank Boldizar · Coldwell Banker Schmidt Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1988

About this home

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.

Property details

MLS #
5111281
Property type
Office
Subdivision
Joseph A Huber Realty Co
Status
Active
Days on market
338
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.6 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Richmond Heights Elementary School
0.23 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
368
Student:teacher ratio
15.3:1
District
Richmond Heights Local
Middle
Richmond Heights Middle School
0.23 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
127
Student:teacher ratio
21.2:1
District
Richmond Heights Local
High
Richmond Heights High School
0.23 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
242
Student:teacher ratio
13.4:1
District
Richmond Heights Local

Mortgage calculator

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Est. monthly payment
$6,172/mo
$200,000 down
$800,000 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated March 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.