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Seven-Unit Retail 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 Market1

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 480 to state road cant miss it
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: Oct 15 Last Checked: Oct 15 at 7:06PM
MLS# 5253678

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.

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Investment Insights

Based on property information with market context.

The retail property comprises seven storefront units, with three vacant at the time described. One building is configured as two adjoining suites; one is occupied by a tattoo shop and the other is vacant. The building was constructed in 1957, with forced-air heating and public water and sewer service.

The offering also includes the adjacent parcel identified as 443-12-003 and its building. The portfolio is described as having a triple-net lease structure.

Key Highlights

  • Seven retail storefront units; three are vacant
  • One building contains two side‑by‑side suites, one occupied by a tattoo shop and one vacant
  • Adjacent parcel 443‑12‑003 and its building are included in the portfolio

Property Analytics

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Current Use

Storefront properties

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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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 - The portfolio includes an adjoining parcel and a building divided into two side-by-side suites.
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: Seven retail storefront units; three are vacant; One building contains two side‑by‑side suites, one occupied by a tattoo shop and one vacant; Adjacent parcel 443‑12‑003 and its building are included in the portfolio
More about this property
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