5241969 MLS

7 retail store fronts. 3 vacant. plenty of parking. triple net lease (NNN) turnkey investment. buyers to do their own due diligence. adjacent parcel 443-12-003 and building included in portfolio package. 5369 building split side by side into 2 of the 7 total units (1 occupied by tattoo shop other is vacant. call listing agent Joe to discuss.

5555 Ridge Road, Parma

Listing Courtesy of: Joseph R Hinkle, joe.hinkle@chasegrouprealestate.com With Keller Williams Greater Metropolitan

$250,000

5240817 MLS

This is a prime location with lots of ability to be seen. Lovely commercial office space, wonderfully maintained inside and out. Terrific opportunity for a small business, office, retail shop, etc. Currently set up with a front reception or office area, small kitchen space that has a sink and cabinets as well as storage shelves and room for a small refrigerator and microwave. Additionally there is another office and a half bath. The previous business was furniture repair and refinishing so the back part of the building is an open work room. There is a stand alone shower and a utility room as well. This building could easily be used for most any small business and the work area could be converted to a reception area and office or two additional office spaces. The building features two access doors so customers could enter either through the door facing State Road or the door adjacent to the parking. The parking allows space for three vehicles and there is also a 2 1/2 car garage that could be used for storage of goods, a shop space or owner parking.

5255 State Road, Parma

Listing Courtesy of: Barbara A Calzola, bcalzola@dehoff.com With DeHOFF REALTORS

$540,000

5229101 MLS

Turnkey opportunity to own a fully renovated, state-approved childcare facility in a prime Parma location! Situated on highly visible Pearl Road directly next to the fire station, this established daycare has been completely updated and is fully operational, allowing a new owner to step in and begin operating immediately. The property has been thoughtfully renovated to meet childcare facility requirements and features a new roof, new drywall, new flooring, updated mechanical systems, and improvements completed to current childcare code standards. Outside, children will enjoy a new playground area, creating a safe and inviting environment for learning and play. This is an outstanding opportunity, who is seeking a move-in-ready business location with excellent street visibility, convenient access, and strong community presence. Whether you’re expanding an existing childcare business or launching a new venture, this property offers the infrastructure and approvals needed to hit the ground running.

5611 Pearl Road, Parma

Listing Courtesy of: Daniell Collyer, daniell.collyer@gmail.com With Plum Tree Realty, LLC

$274,900

5208956 MLS

Great opportunity for investment or business location with this mixed use building. Conveniently located near everything.

4711 Brookpark Road, Parma

Listing Courtesy of: Anthony P Crea, Anthony.Crea@AssadCrea.com With Assad & Crea Realty Group

$439,000

5208415 MLS

DON'T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT!! This 2-story commercial property sits on one of Cleveland's highest traffic streets. Great visibility! This property boasts about $53,000 Gross Annual w/ 10.8% CAP. 2 suites w/ ~10,800 + sq feet retail/office and 3500+ sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. This fully occupied turnkey investment is triple Net tenancy with $4,400 Mo/ $49,200 Annual Income. This low - to no maintenance asset is prime to add value and cash flow w/ no management and/or low maintenance to your portfolio. 1st Floor - Occupants: Main Floor - established Tabacco and Vape Retailer - 5-year lease (has been in business for 10 + years and uses the space for warehousing only. 2nd Floor occupant - A well established and growing commercial photography / digital imaging company. (Lease has 2 years left) - Property Taxes - $3,743 - Insurance - $1,734 Annually Each occupant has the balance of their lease with 5 and 2-year options respectively. No Delinquencies or back rents. Tenants pay for all utilities and maintenance. Deposits in escrow for all units.

2221 Brookpark Road, Parma

Listing Courtesy of: James P Matheos, jmatheos@kw.com With Keller Williams Citywide

$799,000

5187364 MLS

Positioned on a highly visible corner in the heart of Parma, 6483 State Road presents a rare opportunity to own a versatile commercial property with over 9,000 square feet of usable space on more than an acre of land. Currently operated as an American Legion club, this property offers endless potential for a wide range of possible uses. The building is thoughtfully laid out with two distinct functional areas. One side features a fully built-out bar and cantina space, ideal for continued hospitality use or a turnkey concept. The other side offers a large open event area, perfectly suited for banquets, private events, entertainment, or creative reconfiguration depending on your vision. With its prime corner location, strong visibility, ample space, and flexible layout, this property is well-positioned for an owner-user, investor, or developer looking to capitalize on a high-traffic area in Parma. Opportunities like this, with both scale and location, are hard to find.

6483 State Road, Parma

Listing Courtesy of: Ahren L Booher, Ahren@ArtofRealEstateCLE.com With Keller Williams Elevate

$50,000

5201643 MLS

Turnkey bubble tea café in a high-visibility retail center with strong co-tenancy, including fitness and dining anchors. Modern, well-maintained space features large storefront windows, prominent signage, and an inviting interior with updated flooring, flexible seating, and stylish décor. Efficient layout includes a fully built-out service counter, prep area, and organized workflow designed for high-volume beverage service. Digital menu boards and dedicated order/pickup areas support smooth operations and customer flow. Attractive setting with lounge seating, bar-top window seating, and space for groups enhances customer experience. Clean, move-in-ready condition with minimal upgrades needed. Ideal for owner-operator or investor seeking a turnkey beverage concept or rebranding opportunity in a busy retail corridor.

7868 Broadview Road, Parma

Listing Courtesy of: Tim Cline, tim@callteamcline.com With Platinum Real Estate

$335,000

5187122 MLS

Exceptional opportunity to own a fully renovated freestanding commercial building in a high-visibility location at a major intersection on Pearl Road in Parma. This property has undergone a complete gut renovation with over $175,000 invested since 2023, offering a turnkey space ready for your business. All plumbing and electrical have been redone, and HVAC ductwork has been added throughout the building. The flat roof was serviced in 2022. The building is fully permitted with the City of Parma, and blueprints and permits from the previous business are available for review. Inside, the space features an open, modern layout with newer windows, updated finishes, and flexible configurations ideal for retail, office, studio, or service-based businesses. The upstairs office/flex area includes two full bathrooms, a newer washer and dryer (2023), and a refrigerator in the office space (2023), providing additional convenience and versatility. Security is already in place with eight functional cameras (3 interior, 5 exterior) and an ADT system ready for activation. A 220-volt electrical line has been installed at the rear of the building, ideal for electric vehicle charging capability. One of the standout features is the resurfaced 10-space private parking lot (2022)—a rare and valuable asset for commercial properties in this area. Two new commercial entry doors at the front and rear enhance accessibility. Situated in a prime location with strong car and foot traffic, this updated commercial building combines visibility, modern improvements, and parking—making it a smart investment or owner-occupant opportunity.

5393 Pearl Road, Parma

Listing Courtesy of: Brett Munich, brett@impactsellshomes.com With Keller Williams Greater Metropolitan

$320,000

5187728 MLS

This mixed-use building offers a compelling investment with three ground-floor commercial units and three upstairs apartments. The three residential units are currently tenanted, providing immediate cash flow, but all rents (commercial and residential) are below market rate, presenting an immediate upside. A key value-add opportunity is the seller's current occupancy of one apartment and two retail units. Upon closing, a new owner can immediately lease these three spaces at market rates, substantially increasing the Gross Potential Income (GPI). Furthermore, a third retail unit, currently used for low-yield storage (historically a bakery), can be converted into a high-yield retail storefront. This is a clear "Opportunity Knocks" scenario for an investor to acquire a stable asset with defined, actionable strategies for immediate and significant capitalization rate improvement.

5767 Ridge Road, Parma

Listing Courtesy of: Richard Farina Jr., rfarina555@gmail.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$157,000

5183584 MLS

5275 Broadview Road is a well-maintained office building in the heart of Parma, Ohio, offering an excellent owner-user opportunity. The property features 1,530 SF on the main level with an additional 1,530 SF lower level, providing a flexible layout ideal for medical, chiropractic, professional office, or service-oriented users. Located along Broadview Road, the building benefits from strong visibility and quick access to I-480, I-77, and SR-176. Off-street parking, Local Retail zoning, and long-term ownership stewardship make this a cost-effective alternative to leasing in a stable suburban market.

5275 Broadview Road, Parma

Listing Courtesy of: Peter K Grealis, peter@grealisgroup.com With Grealis Group, LLC

Selling Office: Grealis Group, LLC.

$1,200,000

5180230 MLS

Prime High-Visibility Commercial Opportunity on Ridge Road! Position your business for success at 7000 Ridge Rd., Parma, OH, located on one of Parma’s busiest commercial corridors with exceptional daily traffic counts and outstanding street exposure. This well-situated property offers maximum visibility, prominent signage potential, and easy access for customers and clients. Surrounded by established retailers, restaurants, and service businesses, this location benefits from consistent drive-by traffic and strong local demographics. Convenient access to major routes and nearby residential neighborhoods makes it an ideal spot for retail, office, medical, service, or professional use. Whether you’re an owner-user looking to establish a presence or an investor seeking a high-traffic location, this property offers location, exposure, and opportunity in a proven commercial area. Don’t miss your chance to secure a presence on Ridge Road—schedule your private tour today.

7000 Ridge Road, Parma

Listing Courtesy of: Stacy N Nugent, stacynuge@gmail.com With Keller Williams Elevate

Selling Office: Keller Williams Elevate.

$270,000

5172904 MLS

Welcome to 5402 State Rd., an iconic mixed-use property nestled in the vibrant heart of Parma’s Ukrainian Village, one of the city’s most historic and culturally rich corridors. Offered to the public for the first time in over 100 years, this property has been lovingly stewarded by the same family for generations, an opportunity as rare as it is remarkable. From the moment you arrive, the timeless brick façade, large display windows, and classic storefront architecture capture your attention, offering unmatched visibility along this high-traffic stretch of State Road. A fenced-in backyard with private rear parking adds both function and security, making this building stand out among neighboring mixed-use properties. Inside, versatility is the hallmark of this nearly century-old landmark. The structure hosts two street-level retail spaces and up to three residential units, creating an ideal investment for those seeking multiple revenue streams under one roof. The apartments include two spacious three-bedroom, one-bath layouts, each featuring generous natural light, tall ceilings, and the character only found in early-20th-century construction. The third unit, an efficiently designed one-bedroom, one-bath space, offers additional flexibility for tenants seeking an affordable entry into the neighborhood. For more than five decades, one storefront has proudly served as home to a beloved neighborhood barber, a testament to both the property’s stability and its enduring connection to the community. The adjacent commercial space is currently undergoing renovation, presenting a blank canvas for your creative vision, whether for retail, office, boutique services, or specialty uses that complement the surrounding district. This is more than real estate, it’s a chance to own a piece of Parma’s living history. Step into 5402 State Rd. and continue the legacy of craftsmanship, care, and community that has defined this property since 1910.

5402 State Road, Parma

Listing Courtesy of: Mark E Vittardi, mvittardi@vittardigroup.com With CENTURY 21 DePiero & Associates, Inc.

Selling Office: CENTURY 21 DePiero & Associates, Inc..

$210,000

5164838 MLS

Introducing a rare investment opportunity in a thriving community! This mixed-use property in Parma features a hair and nail salon on the ground floor, along with a spacious three-bedroom apartment above. This unique property combines the benefits of a stable commercial tenant with the potential for reliable residential rental income. The recently renovated hair and nail salon has just signed a two-year lease ($1200 a month), ensuring a consistent income stream for the new owner. The attractive storefront and prime location offer excellent visibility and foot traffic, contributing to the ongoing success of the business. The second floor is home to a beautifully maintained three-bedroom apartment, providing ample space and modern amenities for tenants and recently updated through out. With a spacious living area, well-appointed kitchen, and generous bedrooms, this apartment offers comfortable living in a convenient location. Investors seeking a diversified revenue stream and a prime location in a bustling neighborhood. Take advantage of the stable commercial tenant, the updated residential unit, and the property's excellent visibility to secure a strong return on your investment.

5432 State Road, Parma

Listing Courtesy of: Chris Kilbane, chriskilbanesells@gmail.com With Russell Real Estate Services

$1,180,000

5148371 MLS

This 7-property, 8-unit single-family portfolio is located across some of Northeast Ohio’s most desirable suburbs, including Parma, North Olmsted, Brook Park, South Euclid, and University Heights. Fully occupied and generating $12,074/month in rent, the current NOI is $79,649 with a pro forma NOI of $104,356, supporting a cap rate of 6.53% as-is and 9.20% pro forma. Pro forma cash-on-cash return is 23%, with over $25K in annual rent upside. Tenants pay all utilities, except water/sewer in the duplex. Estimated ARV is $1.74M, backed by strong neighborhood comps averaging $143K per home, offering over $500K in potential equity when resold individually to homeowners. Recent capital improvements include three new hot water tanks, a new furnace, a $12K rent-ready renovation at 8213 Ivandale, and a $7K shower upgrade at Raymont. CapEx accounts for over 50% of reported repair costs, allowing immediate expense reduction under new management. Properties are located in high-demand zip codes with fast-moving resale markets, proven homeowner demand, and long-term appreciation. Property breakdown includes: 8213 Ivandale, Parma – 4 bed / 2 bath, 1,910 sq ft (ARV $243K); 1474-76 Sherbrook, South Euclid – 7 bed / 3 bath duplex, 3,555 sq ft (ARV $250K); 3852 Grosvenor, South Euclid – 3 bed / 1 bath, 1,589 sq ft (ARV $170K); 4647 Sellhurst, North Olmsted – 3 bed / 1 bath, 1,237 sq ft (ARV $300K); 6113 Michael, Brook Park – 3 bed / 2 bath, 1,036 sq ft (ARV $250K); 3901 Warrendale, South Euclid – 4 bed / 2 bath, 1,598 sq ft (ARV $250K); and 3582 Raymont, University Heights – 4 bed / 2.5 bath, 1,728 sq ft (ARV $275K). Rent roll and financials included in the due diligence package attaches. No showings until accepted offer. Seller has two additional portfolios and two single-family homes available. Inquire for bulk pricing or multi-portfolio opportunities. This is a clean, stable portfolio with location, income, equity, and multiple exit strategies.

8213 Ivandale Drive, Parma

Listing Courtesy of: Erin Thomas, Erinthomas@kwcommercial.com With Keller Williams Living

Selling Office: EXP Realty, LLC..

$252,500

5146676 MLS

Butcher Shop & Deli – Prime State Rd Location in Parma Turnkey 2,600 sq ft butcher shop and deli in a high-traffic area of Parma. Renovated in 2019, this clean and updated space features large walk-in coolers, prep areas, generous storage, and a functional layout ready for immediate operation. Plenty of parking makes it easy for customers and deliveries. Perfect for meat processing, specialty deli, or expanding your food business. Surrounded by dense residential neighborhoods and thriving local businesses—excellent visibility and steady foot traffic.

6039 State Road, Parma

Listing Courtesy of: Michael Pasadyn, mike@mapscommercial.com With Russell Real Estate Services

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

$513,500

5143003 MLS

Parma Brick Commercial Office Building, situated along bustling Pearl Rd, the property enjoys high visibility and accessibility, the building offers generous office space suitable for a range of professional services, great proximity to major highways and public transportation, nearby amenities including restaurants, banks, and retail shops, prominent signage opportunities on Pearl Rd allows your business to gain maximum exposure to passing traffic, front and rear entrance doors, ample parking spaces available for both staff and visitors approximately 50 spaces

5579 Pearl Road, Parma

Listing Courtesy of: Roger H Peters, rhpregal@aol.com With Regal Realty, Inc.

Selling Office: Regal Realty, Inc..

$189,000

5113384 MLS

Bring your vision! Great opportunity for a complete rehab to add to your investment portfolio or to use as a blank slate to customize this for your business or multiple businesses. Great location and parking!

5725 State Road, Parma

Listing Courtesy of: Anthony P Crea, Anthony.Crea@AssadCrea.com With Assad & Crea Realty Group

Selling Office: Assad & Crea Realty Group.

$250,000

5066032 MLS

Hard To Find Free Standing Building With Retail On The Entire First Floor And A Two Bedroom Apartment And Efficiency Unit Upstairs!! Approx 15 Car Parking Lot In The Rear!! Basement For Storage!! Move In Retail On First Floor With Bath--Office--Workshop--And Basement!! Great Investment Opportunity!! Dont Miss Out!!

5682 State Road, Parma

Listing Courtesy of: Chris G DePiero, topc21ohioagent@aol.com With CENTURY 21 DePiero & Associates, Inc.

Selling Office: Century 21 Homestar.

$1,399,900

5021256 MLS

Once in a life time opportunity to own a 9 unit mixed use building with a city approved Art Installation / Advertising Billboard. Email Agent for complete investment analysis, video tour, rent roll & information on the mechanical systems of the building. Local & out of state investors welcome. Do not disturb the tenants. Broker Owned property.

5753 Ridge Road, Parma

Listing Courtesy of: James P Wise, JamesWise@HoltonWise.com With The Holton-Wise Property Group LLC

$580,000

5016247 MLS

Building "only" for sale. Two tenants under lease agreements with current owner. There is a restaurant/bar on one side with large parking lot. The other side of the building is retail auto glass company that has been recently updated. Tenants are responsible for care and upkeep of interior, exterior and parking lots. Tenants pay for gas, electric, water, sewer, internet, insurance, snow removal, parking lot upkeep, sidewalks. Property Taxes are included in the monthly rent for both tenants. Tenants and Owner both carry their own insurance. Tenants are responsible for all upkeep of interior, exterior and parking lot/landscaping. Owner is responsible for the roof. This is an Estate. There is not any real history available. The building is being sold AS IS. Listing information cannot be guaranteed. The gross income is $7500 per month. There is a small residential lot available behind the building on West 28. If City of Parma would approve a rezone, it could offer additional off street parking. Two leases in place for both tenants.

2713 Brookpark Road, Parma

Listing Courtesy of: Eileen A Hawkins, EileenHawkins1984@gmail.com With CENTURY 21 DePiero & Associates, Inc.

Selling Office: CENTURY 21 DePiero & Associates, Inc..

$1,949,999

5012346 MLS

30 YEAR OWNER FINANCING / SELLER FINANCING AVAILABLE!!! ---- 14,000+ sq ft. Salon / Medical / Office building. Half of the building was occupied by HoltonWise for many years. We have moved to new location(s) & are currently leasing out all of the vacant space. Rent roll is anticipated to be between $16,000/mo & $22,000/mo when we're finished leasing out all of the space. The building is conveniently located next to University Hospital, shopping, transit, a high school football stadium and many national companies such as Chick-fil-A, Sheetz, McDonald's, Starbucks, Target, Kohl's, Verizon and Walmart. The building has frontage on both Ridge Rd across the street from Byers field & Lynett Dr across the street from University Hospital. The building has 3 floors, 1 elevator, 2 stairwells, 14 restrooms, a new $80,000 rooftop HVAC system that was installed a couple years ago, and two parking lots that can hold a total of 65 vehicles. Agent owned building. Email me for rent roll, showing information & owner financing details.

6731 Ridge Road, Parma

Listing Courtesy of: James P Wise, JamesWise@HoltonWise.com With The Holton-Wise Property Group LLC

$850,000

4506067 MLS

Great investment shopping center Prime location in Parma Investment opportunities are unlimited. Seller has moved on and wants it sold!!!!! PLEASE DO NOT APPROACH TENANTS

10703 W Pleasant Valley Road, Parma

Listing Courtesy of: Nancy J George, nancyamata@yahoo.com With RE/MAX Crossroads Properties

Selling Office: Realty Express.

$100,000

4492909 MLS

Unique opportunity to purchase 2 adjacent commercial properties, each containing a free standing all brick building in one transaction. Building at 5649 Ridge Rd is 487 approx. sq. ft. with parking in the back plus a 3 car bay garage. The other building at 5655 & 5657 Ridge Rd is approx. 2196 sq. ft. that is divided into 2 suites, one larger and one smaller. This building also has additional back doors which makes it easy to subdivide this building into additional suites. Both buildings feature newer roofs and 3 newer furnaces. Properties are at a great location just noth of Snow Rd on Ridge Rd which makes them ideal for retail or mixed use and/or office space. Buildings are in need of remodeling and are being sold in "AS IS " condition.

5649 Ridge Road, Parma

Listing Courtesy of: Bill Eyerdam, bille@b-a-realty.com With Broker Associates Realty

Selling Office: Broker Associates Realty.

$159,900

4500584 MLS

Able Animal Hospital and accompanying mixed-use property are for sale. This is a great opportunity acquire a highly profitable and well-established veterinary practice/animal hospital and spacious 3 bedroom, 2 bath attached residence in the heart of Parma. With a long-standing presence in the community, this veterinary practice has earned a stellar reputation for delivering exceptional care, boasting a loyal and diverse patient base. The practice sale includes modern veterinary equipment and technology, and the well-designed facility offers ample space, including a welcoming reception area, examination rooms, a surgical suite, kennels, and administrative office. The sale includes the underlying real estate, enjoying high visibility and convenient accessibility for patients, and a private entrance for the 2 story attached residence. The building is uniquely designed, having a full basement for both the veterinary practice and the residence. There is on-site parking for patients, staff, and the residential occupants. The veterinary practice can be purchased separately for $389,900. Detailed financials and additional information will be provided to qualified buyers after the execution of a confidentiality agreement.

5431 State Road, Parma

Listing Courtesy of: Vincent A Fusco Jr., vaf709@cs.com With Coldwell Banker Schmidt Realty

Selling Office: Realty Express.

$205,000

4505563 MLS

Outstanding commercial property opportunity in Parma!! Features 2227 square feet of adaptable industrial space coupled with 910 square feet of office functionality,including two bathrooms. Close proximity to I480 highway. Great for owner use or investment.

3708 Walter Avenue, Parma

Listing Courtesy of: David M Savron, savrond19@gmail.com With CENTURY 21 DePiero & Associate

Selling Office: CENTURY 21 DePiero & Associates, Inc..

$550,000

4375552 MLS

Large free-standing Brick building in a high traffic area situated on a 3-Acre lot. Lower level leased and operated as bar and restaurant (Bar and Restaurant NOT FOR SALE). New roof and gutters 2023. Newer upstairs and downstairs boilers 01/2024. Approximately 50 paved and marked parking spaces. Additional parking available on gravel area of property. Upper level space (3,400 square feet) currently vacant and can be divided and leased for various offices or businesses. Previous usage of space housed dance studio, insurance companies, medical offices, and martial arts business. Please do not disturb tenant.

5515 Broadview Road, Parma

Listing Courtesy of: Tamara N Troicky, ttroicky@yahoo.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

Parma Ohio Commercial Properties for Sale

Parma Ohio Commercial Properties