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Suede Beverly

soldbysuedebeverly@gmail.com +1(234) 817-1312

$ 210,000

Est. payment -/mo

Save

Pending

5432 State RD Parma, OH 44134

4,987 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision George Blake

MLS Listing ID 5164838

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,698

Tax Year 2024

Lot Size 4,987 Sqft

Acres 0.1145

Property Sub-Type Mixed Use

Property Description

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.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Mixed Use

Building

Sewer Public Sewer

Water Public

Schools

School District Parma Csd - 1824

Others

Tax ID 443-30-135

Listed by Chris Kilbane • Russell Real Estate Services • chriskilbanesells@gmail.com, 440-915-8257

SCHOOLSPROPERTIES

Elementary Schools 20

8

Dentzler Elementary School

Public | KG - 4
7

Constellation Schools: Puritas Community Middle School

Public | 5 - 8
6

Denison School

Public | PK - 8
5

Brooklyn Middle School

Public | 5 - 7
5

Constellation Schools: Parma Community

Public | KG - 12
5

Parma Park Elementary School

Public | KG - 4
5

Constellation Schools: Old Brooklyn Community Elementary School

Public | KG - 4
5

Constellation Schools: Old Brooklyn Community Middle School

Public | 5 - 8
5

William Cullen Bryant School

Public | PK - 8
5

Charles A. Mooney School

Public | PK - 8
5

John Muir Elementary School

Public | KG - 4
4

Renwood Elementary School

Public | KG - 4
4

Ridge-Brook Elementary School

Public | KG - 4
4

Thoreau Park Elementary School

Public | KG - 4
4

Shiloh Middle School

Public | 5 - 7
4

Benjamin Franklin School

Public | PK - 8
3

Brookridge Elementary School

Public | KG - 6
3

Horizon Science Academy-Denison Middle School

Public | KG - 8
0

Parma Heights Christian Academy

Private | KG - 6
0

St Charles School

Private | PK - 8

Middle Schools 2

5

Brooklyn High School

Public | 8 - 12
4

Parma High School

Public | 8 - 12

High Schools 2

1

James Ford Rhodes High School

Public | 9 - 12
0

Padua Franciscan High School

Private | 9 - 12

School and business data provided by Attom Data.