44129 Ohio Commercial Properties for Sale

Located at 5388 Ridge Road in Parma, this brick commercial building offers an established restaurant and bar layout with flexibility for a range of future business concepts. The main level features a spacious bar and dining area, a separate service counter area, a commercial kitchen, four restrooms and ample storage. A private upstairs office and storage adds a dedicated space for day-to-day operations. Existing restaurant and bar equipment can be included in the sale, making it easier to plan a new setup or reconfigure the space. Recent improvements include a silicone membrane roof coating and two almost-new Carrier rooftop units providing heating and air conditioning. Three-phase electrical service supports a variety of commercial needs. Outside, the property includes a rear covered patio and a prominent corner position along the high-traffic Ridge Road corridor. A separate vacant lot with parking is also available for purchase and may be included with an acceptable offer. Potential uses may include a restaurant, office or retail space. No liquor license included. Buyer to independently confirm zoning, permitted uses, parking requirements and any necessary approvals with the City of Parma.

5388 Ridge Road, Parma

Listing Courtesy of: Michael A Ferrante, info@21mike.com With LPT Realty

$335,000

5254315 MLS

Excellent opportunity to own a highly visible commercial property along Parma's established Pearl Road corridor! Offered at $335,000, 5393 Pearl Road features versatile ground-floor commercial space, a spacious one-bedroom residential living area upstairs, and approximately 10 on-site parking spaces. The property offers attractive curb appeal, prominent road frontage, and convenient access, providing excellent exposure for your business. The main level features an open, flexible layout suitable for a variety of potential commercial uses, subject to local zoning and approvals. Upstairs, you'll find a residential living area complete with a kitchen, bedroom, bathroom, and comfortable living space, offering added flexibility for an owner-occupant or investor. Location is a major advantage! Situated among established businesses and residential neighborhoods, the property is conveniently located near Starbucks, Dunkin', Seoul Garden, Jet's Pizza, Rookies Sports Bar & Grill, Pearl Road Pub, and Twisted Taino. Nearby shopping, restaurants, and everyday amenities further enhance this desirable commercial location. Whether you're an entrepreneur looking to establish your business, an investor seeking to expand your portfolio, or an owner-occupant interested in combining business and residential space, 5393 Pearl Road presents a unique opportunity. Don't miss your chance to own a versatile property in a well-established commercial corridor. Schedule your private showing today!

5393 Pearl Avenue, Parma

Listing Courtesy of: Dontez Sanders, dontezsanders@kw.com With Keller Williams Greater Metropolitan

$595,000

5253678 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.

5555 Ridge Road, Parma

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

$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

$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.

$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.

$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..

$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..

$470,000

5060606 MLS

This well-maintained property features beautifully preserved units and modern updates throughout. The windows were replaced eight years ago, and the roof was recently renewed in 2024. Plumbing updates have been handled as needed, and each unit benefits from new electric panels. Though the furnaces are original, they receive annual maintenance to ensure optimal performance. Each apartment, spanning approximately 900 square feet, includes a large kitchen, a dining area, a spacious living room, a bathroom, and one bedroom. While the kitchen floors could use an update, the rest of the unit showcases elegant wood flooring. The building also offers five separate car garages and a well-organized basement with shared washers and dryers for tenant convenience. This charming property is in excellent condition and ready for a new owner to appreciate and enjoy.

6029 Ridge Road, Cleveland

Listing Courtesy of: Hanna Harb, harbsellsrealestate@gmail.com With Assad & Crea Realty Group

Selling Office: Assad & Crea Realty Group.

$200,000

5057126 MLS

Located on the well traveled Ridge Rd in Parma, this property is ready to go! The class D building is in good condition, with a nice interior and approximately 3000 square feet of finished space that includes sanctuary, kitchen, children’s learning area, office, lunchroom, and bathrooms. The grassy area out back is sizable and includes a storage shed. This property is zoned B-1, has 45 feet of road frontage and is 140 feet in length. Great location in a prime area with lots of potential!

5994 Ridge Road, Cleveland

Listing Courtesy of: Tricia Cash, triciacashrealtor@gmail.com With Howard Hanna Real Estate Services

Selling Office: Howard Hanna Real Estate Services.

$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

$1,999,999

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

$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.

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44129 Ohio Commercial Properties

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44129 Ohio Commercial Properties for Sale

44129 Ohio Commercial Properties

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