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7-Unit Storefront Property
New
For Sale
$595,000

5555 Ridge Road, Parma, OH 44129

CommercialSale, Parma, OH

Property SizeContact for details
Lot Size0.21 Acres
Days on Market2

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 3 Last Checked: Sep 3 at 6:06PM
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 retail property contains 7 storefront units, including 3 currently vacant spaces. The building was constructed in 1957 and is heated by forced air. One occupied unit is used by a tattoo shop, while another storefront is available. The property also includes on-site parking and is structured as a triple-net lease investment.

Public water service and public sewer serve the property. An adjacent parcel identified as 443-12-003, along with its building, is included in the portfolio package. The property is located in Parma, Ohio, within Cuyahoga County.

Key Highlights

  • 7 retail storefront units
  • 3 vacant storefronts
  • Triple‑net lease structure

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Gym & Fitness Center Catering Service Furniture & Home Goods

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

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
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Similar Off Market Nearby

  • The Parma Flower Shop 5575 Pearl Rd, Parma, OH 44129

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-suite retail property with on-site parking and a mix of occupied and available storefronts.
Where is this storefront property 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 storefront units; 3 vacant storefronts; Triple‑net lease structure
More about this property
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