For Sale
$1,499,900

5753 Ridge Rd Parma, OH 44129

Nine-unit building with billboard potential. High-return investment.

Overview

Added:
Feb 3
Days on market:
80
This exceptional investment opportunity presents a rare chance to acquire a nine-unit mixed-use building located at 5753 Ridge Road in Parma, Ohio. Situated on a 0.17-acre lot, this property offers significant income potential and unique features. The building's mixed-use zoning allows for a diverse tenant base, contributing to a robust rental income stream. A key advantage is the inclusion of a city-approved art installation/advertising billboard, providing an additional revenue stream. Detailed financial information, including a rent roll and a comprehensive analysis of the building's investment potential, is available upon request. A video tour showcasing the property's features is also accessible. The mechanical systems of the building are well-maintained and information regarding their specifics is readily available. This property is ideal for both local and out-of-state investors seeking a strong, diversified investment in a thriving community. Please note that this is a tenant-occupied building, and tenant privacy should be respected. Serious inquiries only. The asking price for this remarkable investment property is $1,499,900. Don't miss this chance to own a piece of Parma's vibrant commercial landscape.

Property Details for 5753 Ridge Rd

Property type
Mixed-use properties
Year Built
1948
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.40602
Longitude
-81.73431

FAQs

What type of property is this?
Mixed-use property - Nine-unit building with billboard potential. High-return investment.
Where is the mixed-use property located?
The property is located at 5753 Ridge Rd Parma, OH.
What is the asking price?
The asking price for this property is $1,499,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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5753 Ridge Rd
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