Two-Story Commercial Investment
2221 Brookpark Road, Parma, OH 44134
SINGLE_FAMILY - Parma, OH
Type:Retail
Property size:
10,800 SFLot size:
0.11 AcresPrice / SF:
$40/SF- Added:
- May 10, 2026
- Days on Market:
- 10
- Last Refresh:
- May 19 at 4:06 pm
Property Features for 2221 Brookpark Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Rooms
- Basement
- Parking
- 6
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 445-01-036
- Size
- 10,800 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1 BRKVW#3 0195 ALL
- Tax Annual Amount
- 3535
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Asphalt, Rolled Hot Mop
Listing agent James P Matheos License #2015001911 (440) 847-9033
Listing office Keller Williams Citywide 2001 Crocker Road, Suite 200, Westlake, OH (440) 892-2211
Listing date May 10, 2026
MLS# 5208415
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High CAP Rate: Enjoy a 10.8% CAP, promising a strong return on your investment.
- Fully Occupied with Stable Income: A turnkey investment generating $4,400 monthly / $49,200 annual income with no delinquencies.
- Triple Net (NNN) Leases: Tenants handle all utilities and maintenance, minimizing landlord responsibilities.
- High‑Traffic Location: Situated on one of Cleveland's highest traffic streets, providing excellent visibility.
- Established Tenants: Includes a long‑term tobacco retailer (10+ years) and a growing commercial photography company.
- Ample Space: Features approximately 10,800 sq ft of retail/office space plus 3,500+ sq ft of basement storage.
Overview
This two-story all-brick commercial property is an investment opportunity situated on a high-traffic street. The property generates approximately $53,000 in gross annual income with a 10.8% capitalization rate. The building features approximately 10,800 square feet of retail and office space, along with over 3,500 square feet of open storage space in the basement, accessible from the main floor unit. There are six off-street parking spaces available in the front. The property is fully occupied under triple net leases, generating $4,400 per month or $49,200 annually. The first floor is occupied by an established tobacco and vape retailer with a 5-year lease, who primarily uses the space for warehousing. This tenant has been in business for over 10 years. The second floor is occupied by a commercial photography and digital imaging company with 2 years remaining on their lease. Property taxes are $3,743 annually, and insurance costs are $1,734 annually. Tenants are responsible for all utilities and maintenance. Deposits are held in escrow for all units. The lot size is 0.1102 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Pawlaks Florist — 5264 State Rd, Parma, OH 44134
Map
- City
- Parma
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7045
- Latitude
- 41.3848
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Two-story commercial property with high visibility and income potential.
Where is this storefront property located?
The property is located at 2221 Brookpark Road Parma, OH.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: High CAP Rate: Enjoy a **10.8% CAP**, promising a strong return on your investment.; Fully Occupied with Stable Income: A **turnkey investment** generating $4,400 monthly / $49,200 annual income with no delinquencies.; Triple Net (NNN) Leases: Tenants handle all utilities and maintenance, minimizing landlord responsibilities.
