6731 Ridge Rd, Parma, OH 44129

13,851 SF 0.78 ac lot Built 1983

Entity Owned 9-yr Hold ~ Est. High Equity

Property ID

US66-2252392

$1,999,999 13,851 SF

6731 Ridge Rd, Parma, OH 44129
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This exceptional 13,763 square foot, three-story medical/office building presents a unique investment opportunity in Parma, Ohio. Strategically located on Ridge Road and Lynett Drive, the property boasts high visibility and convenient access to University Hospitals, major retailers (including Chick-fil-A, Sheetz, McDonald's, Starbucks, Target, Kohl's, Verizon, and Walmart), and public transportation. The building features two elevators, fourteen restrooms, and ample parking for sixty-five vehicles across two lots. Currently, the building houses ten units, with varying lease terms. Two units are combined to form a dental office under a lease with five or more years remaining. Two additional units are occupied by physicians nearing retirement. One unit is leased month-to-month to a cleaning company, and another to an esthetician. Four units are currently occupied by HoltonWise, who will vacate prior to closing. The 0.78-acre lot offers significant frontage on both Ridge Road (across from Byers Field) and Lynett Drive (across from University Hospital). This prime location, combined with the building's substantial size and amenities, makes it an ideal investment for a variety of uses. The building's current occupancy provides immediate cash flow, with potential for future growth and lease renegotiation.