Medical Offices /OH /Cuyahoga County /Parma /5850 Ridge Rd
Medical Offices /OH /Cuyahoga County /Parma /5850 Ridge Rd

5850 Ridge Rd - Medical FOR SALE


Parma, OH 44129 | 
$1,500,000 USD
216-239-5121
5850 Ridge Rd, Parma, OH for Sale
$1,500,000 USD
Medical - FOR SALE
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5850 Ridge Rd
Parma, OH 44129

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HIGHLIGHTS

  • 15,602 SF fully-occupied office building
  • New roof (under 10 years old)
  • Newer paved and painted parking lot with 45+ secure, well-lit spaces
  • Located in the heart of "Polish Village," Parma's newly designated commercial district
  • Strong traffic counts of over 20,214 VPD on Ridge Road
  • Easy access to I-480

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Library Commons

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

Commercial

APN/PARCEL ID

449-04-021,449-04-063,449-04-096,449-04-097,449-04-144

ASK ABOUT THIS PROPERTY

Mark AboodColliersMore Info
216-239-5121

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Mark AboodColliersMore Info
216-239-5121

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