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Prime Owner Use Or Investment Medical/Office For Sale

$445,000

708 E. Smith Road, Medina, OH 44256

Active
Last Updated: 05/19/2025

2,188 sqft

Building Size

0.1071 acres

Lot Area

Details:
Building Size:    2,188 sqft
Lot Area:    0.1071 acres
Class:    B
Year Built:    1981
Floors:    1
Highlights:
  • Available: 2,188 SF | 0.498 AC
  • Building consists of 6 private rooms, a large open area, waiting room, kitchenette, basement with private room, storage area, and equipped laundry area
  • Frontage: ±167.21' | Depth: ±180'
  • Monument signage at street
  • Parking: ±18 spaces
  • Zoning: R-2 - Medium Density Residential and Office
  • Traffic Count: 7,614
  • Highway Access: only 3 miles to highway I-71
  • Annual Real Estate Taxes (2024): $6,094.36
Description:

This versatile 2,188 SF stand-alone building sits on a spacious 0.498-acre lot and offers a flexible layout. Featuring 5 separate entry points, the property is well-suited for multi-tenant configurations or a single occupant looking for room to grow. The front section of the building includes a large open space, 4 private offices, an ADA-compliant restroom, a welcoming waiting area with a dedicated side entrance, and a kitchenette/common area, including a restroom. A separate rear entrance leads to two additional private rooms and another open area, offering added privacy and flexibility. A fully illuminated basement, accessible via interior stairs, includes a private room with windows, a storage room, and a laundry area equipped with a washer, dryer, and utility sink—ideal for a variety of business or tenant needs. The property is currently configured for three separate tenants. Two occupant massage therapists are in the rear space on month-to-month leases. These tenants provide immediate income potential for investors. The front tenant was a Chiropractor, and in one of the rooms, there is a partitioned lead wall and a separate 220 panel for x-ray. Zoned R-2 Medium Density Residential, the property allows for office or residential-adjacent use, making it a highly adaptable space for professionals, medical services, or small businesses. Whether you're an owner-occupier or investor, 708 E Smith Rd. offers a rare combination of space, flexibility, and potential in a convenient location.

This property is centrally located on East Smith Road between South Spring Road and Guilford Boulevard in Medina, just minutes from Historic Downtown Medina Square. Highway I-71 is 3 miles away.

Map:
Documents:
Title
Sale_Brochure.pdf
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