6731 Ridge Road Parma, OH $ 1,399,900
6731 Ridge Road
$ 1,399,900
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6731 Ridge Road

Parma, OH, 44129
$ 1,399,900
Baths0.0

Monthly Estimate*

$ 9,779

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Studio

Commercial Property for sale in Parma, OH

for $1,399,900. This building was built in 1983 on a lot size of 0.7805.

14,000 sq ft Medical / Office building. There is a total of 10 units. 2 of those units are combined into 1 Dental office which has 5+ years left on their lease, 2 others are rented to Dr's who will both be retiring within then next year or two, 1 unit is rented month to month to a cleaning company & another 1 is rented on a month to month lease to an esthetician. The other 4 units in the building are currently being occupied by HoltonWise who will be vacating the building prior to closing the sale. The building is conveniently located next to University Hospital, shopping, transit, a high school football stadium and many national companies such as Chick-fil-A, Sheetz, McDonald's, Starbucks, Target, Kohl's, Verizon and Walmart. The building has frontage on both Ridge Rd across the street from Byers field & Lynett Dr across the street from University Hospital. The building has 3 floors, 2 elevators, 14 restrooms and two parking lots that can hold a total of 65 vehicles. Agent owned building.

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Commercial Active

Price

$ 1,399,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,356

Style

Lot Size

0.7805

Year Built

1983

Town/City

Parma

County/Region

Cuyahoga

MLS | Web ID

5012346

Features
General
Sewer PublicSewer
Heating ForcedAir
Possession DeliveryOfDeed
Year Built 1983
Stories 3
Township Parma
Levels ThreeOrMore
Property SubType Office
Tax Year 2023
Current Use MedicalDental Office
County Cuyahoga
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Next to Sheetz across the street from Byers field.
City Parma
Buyer Agent Compensation 5000
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
High School District Parma CSD - 1824
Total Units 10
Waterfront Y/N N
Carport Y/N N
Street Name Ridge
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 28356.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 33
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Middle/Junior School District Parma CSD - 1824
Elementary School District Parma CSD - 1824
Total Actual Rent 8872.0
Property Sub Type Additional Office
Buyer Agent Compensation Type Item
Legal Description ELY 10 SP 1144.94 NWC
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Exterior
Parking Features Paved
Water Source Public
Total Parking 65.0
Lot Size Area 0.7805
Number of Buildings 1
Spa N
Building Area Total 13763.0
Lot Size Acres 0.7805
Lot Size Units Acres
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Internal Only
Street Number 1 6731
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* Excluded Features
List By
James P Wise

Listing Agent

The Holton-Wise Property Group Llc

Broker

JamesWise@HoltonWise.com

Email

Affordability Calculator

$12,142
Per Month
81%
19%
0%
Monthly Principal & Interest
$9,779
Monthly Property Taxes
$2,363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457808 Elementary School
4457469 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2024$1,399,900 Listed Price

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6731 Ridge Road, Parma, OH, 44129 is a Commercial Property for sale at $1,399,900 with a lot size of 0.7805. 6731 Ridge Road is a studio with 0.0 baths and was built in 1983. The property's zip code is 44129 which is in Parma, OH