For Sale
$3,450,000

4804 Leavitt RdLorain, OH 44053

15,000 SF Medical Facility, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 15,000-square-foot property in Lorain, Ohio presents a unique investment opportunity. Currently vacant, this fully equipped surgery center offers a turnkey solution for medical professionals. The facility boasts 10,000 square feet dedicated to surgical operations, including four operating rooms, one procedure room, and fifteen pre-op/recovery bays. An additional 5,000 square feet of medical office space features six exam rooms, a lab, three private offices, and a kitchenette. The building includes ample surface parking with covered canopies, a 250 KW backup generator, and is AAAHC accredited with Medicare Deem Certification. Situated on a 7.52-acre lot zoned B-2 General Business, the property offers significant redevelopment potential. Its prime location at a signalized intersection provides high visibility and accessibility, with nearby major retailers like Walmart, Kohl's, and Home Depot. The area is experiencing significant growth, with recent additions such as Meijer, Chick-fil-A, Panda Express, and Raising Cane's. The property's strategic location near Route 2 and its versatile zoning allow for a variety of uses, including restaurants, hotels, financial institutions, and childcare facilities. This presents a rare chance to acquire a fully functional medical facility or to develop a thriving retail center in a high-growth area. The asking price is $3,450,000, with a price per square foot of $230. The property was built in 1997 and is located at 4804 N Leavitt Rd, Lorain, OH 44053.

Highlights

  • 15,000 SF medical facility, including a 10,000 SF surgery center and a 5,000 SF medical office.
  • Surgery center features four operating rooms, one procedure room, and fifteen pre- and post-op bays.
  • Medical office includes six exam rooms, a lab, three private offices, and a kitchenette.
  • Ample surface parking with covered canopies.
  • High-visibility location at a signalized intersection near major retailers.
  • AAAHC accredited with Medicare Deem Certification and a 250 KW backup generator.

Property Details for 4804 Leavitt Rd

Property type
Specialty properties, Retail properties
Square Feet
15,000 SF
Year Built
1997
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4259021
Longitude
-82.2071441
4804 Leavitt Rd, Lorain, Ohio

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4804 Leavitt Rd
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