6573 Pearl Rd, Parma Heights, OH
$ 343,536
Property Attributes
  • MLS#4475807
  • TypeCommercial
  • CountyCUYAHOGA
  • CityParma Heights
  • Zip44130
  • Style
  • Price$ 343,536
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6500
  • Lot Size0.4287 Acres
Data Source:
Property Description

Court Appointed Receiver, Prodigy Properties, is pleased to present the opportunity to acquire 6573-6579 Pearl Rd located in Parma Heights, OH. Parma Heights is considered a submarket of Cleveland and is only 8 miles southwest of downtown Cleveland. Constructed in 1957, this intriguing investment opportunity features a multi-tenant retail building with seven (7) separately demised units, each approximately 928 SF for a total of 6,500 SF. Each unit has its own bathroom, water heater, dedicated HVAC unit, and separately metered utilities. The property is currently 71% occupied. The new owner will benefit from an immediate rent base with significant upside potential by increasing existing below market rents, extending existing MTM tenants, and leasing-up the two vacant units. Situated on .429 acres, providing approximately 20 parking spaces.

Price History
7/20/2023 Listed $250,000


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 44130

AVG $540K

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