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Seven-Storefront Shopping Center
For Sale
$595,000

5555 Ridge Road, Parma, OH 44129

CommercialSale, Parma, OH

Property SizeContact for details
Lot Size0.21 Acres
Days on Market23

Property Features for 5555 Ridge Road

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision Ridgewood Gardens
Elementary school district Parma CSD - 1824
Middle school district Parma CSD - 1824
High school district Parma CSD - 1824
Directions i480 to ridge. south on ridge, on your left.
Standard status Active
APN 443-12-005
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 5 RDGWGAR S/L 297 WP 0296 WP
Tax Annual Amount 4806
Legal Description 5 RDGWGAR S/L 297 WP 0296 WP

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1957
Listing Agency: Keller Williams Greater Metropolitan · Keller Williams Realty
Listed By: Joseph R Hinkle · License #2020000650
Added: Sep 2 Changed: Sep 8 Last Checked: Sep 24 at 5:06PM
MLS# 5241969

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 shopping center at 5555 Ridge Road includes 7 retail storefronts, with 3 currently vacant. The building at 5369 is divided side by side into 2 of the 7 units; one is occupied by a tattoo shop and the other is vacant. The property includes parking and is suited to a multi-unit retail configuration.

Built in 1957, the property uses forced-air heating and is served by public water and public sewer. An adjacent parcel identified as 443-12-003 and the building are included in the portfolio package. The property is located in Parma, Ohio, within Cuyahoga County.

Key Highlights

  • 7 retail storefronts with 3 vacant units
  • 5369 building divided side by side into 2 of the 7 total units
  • One unit occupied by a tattoo shop; the other is vacant

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic (Bike/Boat/Book/etc) Store Catering Service Skin Care Clinic Real Estate Agency

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

889
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44129, OH

28,803
Population
12,756
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
5.8 sq mi
ZIP Area
4,966
Density / Sq Mi
$67,619
Median Household Income
$39,174
Median Earnings
$1,024
Median Rent
$150,400
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
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Similar Off Market Nearby

  • Pearlbrook Town Square — 5162 pearl rd jeremyah, cuyahoga heights, oh 44129

Frequently Asked Questions

What type of property is this?
Shopping center - Retail property with seven storefronts, NNN lease structure, and on-site parking.
Where is this shopping center located?
The property is located at 5555 Ridge Road Parma, OH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 7 retail storefronts with 3 vacant units; 5369 building divided side by side into 2 of the 7 total units; One unit occupied by a tattoo shop; the other is vacant
More about this property
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