OH > Parma > George Blake
Parma, OH 44134,5432 State RD
Parma, OH 44134,5432 State RD
Parma, OH 44134,5432 State RD
Parma, OH 44134,5432 State RD
Parma, OH 44134,5432 State RD
Parma, OH 44134,5432 State RD
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Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 215,000
Est. payment | /mo

4,987 Sqft Lot

Save
$ 215,000
Est. payment | /mo
Save

4,987 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision George Blake

MLS Listing ID 5164838

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,698

Tax Year 2024

Lot Size 4,987 Sqft

Acres 0.1145

Property Sub-Type Mixed Use

Property Description

Introducing a rare investment opportunity in a thriving community! This mixed-use property in Parma features a hair and nail salon on the ground floor, along with a spacious three-bedroom apartment above. This unique property combines the benefits of a stable commercial tenant with the potential for reliable residential rental income. The recently renovated hair and nail salon has just signed a two-year lease ($1200 a month), ensuring a consistent income stream for the new owner. The attractive storefront and prime location offer excellent visibility and foot traffic, contributing to the ongoing success of the business. The second floor is home to a beautifully maintained three-bedroom apartment, providing ample space and modern amenities for tenants and recently updated through out. With a spacious living area, well-appointed kitchen, and generous bedrooms, this apartment offers comfortable living in a convenient location. Investors seeking a diversified revenue stream and a prime location in a bustling neighborhood. Take advantage of the stable commercial tenant, the updated residential unit, and the property's excellent visibility to secure a strong return on your investment.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Mixed Use

Building

Sewer Public Sewer

Water Public

Schools

School District Parma Csd - 1824

Others

Tax ID 443-30-135

Northern Ohio Regional MLS (YES-MLS)
Listed by Chris Kilbane • Russell Real Estate Services • chriskilbanesells@gmail.com, 440-915-8257
Shawana Hanson

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

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5432 State RD