Search
Mixed-Use Building with Salon
For Sale
$210,000
Pending

5432 State Road, Parma, OH 44134

CommercialSale, Parma, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market334

Property Features for 5432 State Road

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Parking Lot
Subdivision George Blake
Elementary school district Parma CSD - 1824
Middle school district Parma CSD - 1824
High school district Parma CSD - 1824
Directions Brook Park Rd to South on State
Standard status Pending
APN 443-30-135
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BLAKE O/L 3 NEXT S OFLOT 1 STATE VW ALLOT
Tax Annual Amount 3698
Legal Description BLAKE O/L 3 NEXT S OFLOT 1 STATE VW ALLOT

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1930
Roof type Fiberglass, Asphalt
Listing Agency: Russell Real Estate Services
Listed By: Chris Kilbane · License #2013000956
Added: Oct 15, 2025 Changed: Sep 12 Last Checked: Sep 13 at 3:06PM
MLS# 5164838

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.

Investment Insights

Based on property information with market context.

This two-level mixed-use property combines a recently renovated hair and nail salon on the ground floor with a three-bedroom apartment on the second floor. The residential unit includes a living area, kitchen, and bedrooms, and has been updated throughout. A two-year lease is in place for the salon space.

Built in 1930, the property sits on 0.1145 acres and includes a parking lot, basement, forced-air heat, and central air conditioning. Public water and public sewer serve the building. The roof includes fiberglass and asphalt materials, and the property is located in Parma, Ohio.

Key Highlights

  • Ground‑floor hair and nail salon with a two‑year lease
  • Three‑bedroom apartment on the second floor
  • 0.1145‑acre lot with an on‑site parking lot

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 44134, OH

38,845
Population
17,436
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
9.7 sq mi
ZIP Area
4,005
Density / Sq Mi
$67,116
Median Household Income
$43,625
Median Earnings
$1,108
Median Rent
$153,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor salon space is paired with an updated three-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 5432 State Road Parma, OH.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Ground‑floor hair and nail salon with a two‑year lease; Three‑bedroom apartment on the second floor; 0.1145‑acre lot with an on‑site parking lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message