6573-6579 Pearl Road 6579, Parma Heights, OH 44130
- $343,535
- 6,500
- SqFt
- Sold Price
- $343,535
- List Price
- $250,000
- Status
- CLOSED
- Days on Market
- 110
- Closing Date
- Nov 07, 2023
- MLS#
- 4475807
- Subtype
- Commercial Sale
- Year Built
- 1957
- Living Area
- 6,500
- Acres
- 0.43
- Subdivision
- Briar-Cliff 05
- Neighborhood
- Briar-Cliff 05
- MLS Area Major
- Parma Heights
Property Description
Court Appointed Receiver, Prodigy Properties, is pleased to present the opportunity to acquire 6573-6579 Pearl Rd located in Parma Heights, OH. Parma Heights is considered a submarket of Cleveland and is only 8 miles southwest of downtown Cleveland. Constructed in 1957, this intriguing investment opportunity features a multi-tenant retail building with seven (7) separately demised units, each approximately 928 SF for a total of 6,500 SF. Each unit has its own bathroom, water heater, dedicated HVAC unit, and separately metered utilities. The property is currently 71% occupied. The new owner will benefit from an immediate rent base with significant upside potential by increasing existing below market rents, extending existing MTM tenants, and leasing-up the two vacant units. Situated on .429 acres, providing approximately 20 parking spaces.
Additional Information
- Taxes
- $11,722
- Heating
- Forced Air, Gas
- Air Conditioning
- Central Air
- Roof
- Flat
- Foundation
- Slab
- Parking Features
- On Site, Paved
- School District
- Parma CSD - 1824
Listing Courtesy of: Jeffrey S Lane, julie@prodigyprop.com With Prodigy Properties
Selling Office: Non-Member.Mortgage Calculator
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.