7560 Broadview Road, Cleveland, OH 44134
- $1,125,000
- Sold Price
- $1,125,000
- List Price
- $1,150,000
- Status
- CLOSED
- Days on Market
- 99
- Closing Date
- Jan 27, 2026
- MLS#
- 5165032
- Subtype
- Commercial Sale
- Year Built
- 1990
- Acres
- 1
- Subdivision
- Ely
- Neighborhood
- Ely
- MLS Area Major
- Parma
Property Description
8,000 SF Suburban Retail Plaza Investment with Clear Value-Add Strategy located between Pleasant Valley & Broadview Rd Intersection and Meijer's. High Visibility along Broadview Rd and High-Traffic Shared Access Drive with Pleasant Valley Shopping Center. 3 Access Points, 1 signalized. 100% Occupied: 2 Tenants: $12 PSF on 6,800 SF & $18 PSF on 1,200 SF. Clear Future Value-Add Opportunity: dividing 6,800 SF Unit into many 1,200-2400 SF Units and taking rent from $12 PSF to market rent. High Residual Land Value: 100ft Frontage with Excess Land in Rear. Being offered at 8 cap on in-place rents. Well-maintained by original landlord since constructed.
Additional Information
- Taxes
- $17,589
- Zoning
- Retail
- Heating
- Forced Air, Gas
- Air Conditioning
- Multi Units
- Roof
- Asphalt, Fiberglass
- Parking Features
- Additional Parking, On Site, Parking Lot
- School District
- Parma CSD - 1824
Listing Courtesy of: Luke Petros, lukepetros@stoufferrealty.com With Berkshire Hathaway HomeServices Stouffer Realty
Selling Office: Non-Member.Mortgage Calculator
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