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Executive Summary
Please contact Brett Munich for more information 440-539-2897.
Exceptional opportunity to own a fully renovated freestanding commercial building in a high-visibility location at a major intersection on Pearl Road in Parma. This property has undergone a complete gut renovation with over $175,000 invested since 2023, offering a turnkey space ready for your business.
All plumbing and electrical have been redone, and HVAC ductwork has been added throughout the building (furnace and A/C age unknown). The flat roof was serviced in 2022. The building is fully permitted with the City of Parma, and blueprints and permits from the previous business are available for review.
Inside, the space features an open, modern layout with newer windows, updated finishes, and flexible configurations ideal for retail, office, studio, or service-based businesses. The upstairs office/flex area includes two full bathrooms, a newer washer and dryer (2023), and a refrigerator in the office space (2023), providing additional convenience and versatility.
Security is already in place with eight functional cameras (3 interior, 5 exterior) and an ADT system ready for activation. A 220-volt electrical line has been installed at the rear of the building, ideal for electric vehicle charging capability.
One of the standout features is the resurfaced 10-space private parking lot (2022)—a rare and valuable asset for commercial properties in this area. Two new commercial entry doors at the front and rear enhance accessibility.
Situated in a prime location with strong car and foot traffic, this updated commercial building combines visibility, modern improvements, and parking—making it a smart investment or owner-occupant opportunity.
Exceptional opportunity to own a fully renovated freestanding commercial building in a high-visibility location at a major intersection on Pearl Road in Parma. This property has undergone a complete gut renovation with over $175,000 invested since 2023, offering a turnkey space ready for your business.
All plumbing and electrical have been redone, and HVAC ductwork has been added throughout the building (furnace and A/C age unknown). The flat roof was serviced in 2022. The building is fully permitted with the City of Parma, and blueprints and permits from the previous business are available for review.
Inside, the space features an open, modern layout with newer windows, updated finishes, and flexible configurations ideal for retail, office, studio, or service-based businesses. The upstairs office/flex area includes two full bathrooms, a newer washer and dryer (2023), and a refrigerator in the office space (2023), providing additional convenience and versatility.
Security is already in place with eight functional cameras (3 interior, 5 exterior) and an ADT system ready for activation. A 220-volt electrical line has been installed at the rear of the building, ideal for electric vehicle charging capability.
One of the standout features is the resurfaced 10-space private parking lot (2022)—a rare and valuable asset for commercial properties in this area. Two new commercial entry doors at the front and rear enhance accessibility.
Situated in a prime location with strong car and foot traffic, this updated commercial building combines visibility, modern improvements, and parking—making it a smart investment or owner-occupant opportunity.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,000 SF
Year Built/Renovated
1956/2023
Price
$581,736 CAD
Price Per SF
$290.87 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,000 SF
Building FAR
0.24
Lot Size
0.19 AC
Zoning
RB - Commercial - retail
Parking
10 Spaces (5 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 443-20-095 | Improvements Assessment | $42,951 CAD |
| Land Assessment | $19,366 CAD | Total Assessment | $62,318 CAD |
Property Taxes
Parcel Number
443-20-095
Land Assessment
$19,366 CAD
Improvements Assessment
$42,951 CAD
Total Assessment
$62,318 CAD
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5393 Pearl Rd
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