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Investment Highlights

  • This is a high-visibility retail corridor with strong daily traffic and dense surrounding population.
  • Located in one of the primary north-south commercial corridors connecting Parma to Cleveland and surrounding suburbs.

Executive Summary

The retail investment property in Parma, OH is ideal for owner/users and savvy investors.
Prime frontage on high-traffic Pearl Rd corridor
Dense, established residential base
Strong visibility and signage potential
Proximity to major regional retail hubs
Accessible to multiple highways and Cleveland metro
For more information contact the Powers Brothers today 330.762.0535

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,334 SF
Building Class
C
Year Built
1969
Price
$699,124 CAD
Price Per SF
$131.07 CAD
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.37 AC
Zoning
Commercial
Parking
25 Spaces (4.68 Spaces per 1,000 SF Leased)
Frontage
112’ on Pearl Road

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,400 SF
  • Restaurant
  • -
  • Now

Conveniently located within close proximity to I-480, I-71 and I-77 in Parma. Many national chains in the area and new development possibilities on the horizon with the prospect of a new Cleveland Browns stadium located in Brook Park. This storefront is adjacent to a New Mexican restaurant which brings additional foot traffic and exposure. Layout is wide open and awaiting your finishing touches.

Space Size Space Use Position Available
1st Floor 2,400 SF Restaurant - Now

1st Floor

Size
2,400 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 2,400 SF
Space Use Restaurant
Position -
Available Now

Conveniently located within close proximity to I-480, I-71 and I-77 in Parma. Many national chains in the area and new development possibilities on the horizon with the prospect of a new Cleveland Browns stadium located in Brook Park. This storefront is adjacent to a New Mexican restaurant which brings additional foot traffic and exposure. Layout is wide open and awaiting your finishing touches.

Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Citizens
Jazzercise
Golden Corral
Rent-A-Center
Dollar Bank
7 Brew Coffee

Property Taxes

Property Taxes

Parcel Number
443-02-011
Land Assessment
$39,180 CAD
Improvements Assessment
$171,678 CAD
Total Assessment
$210,858 CAD
  • Listing ID: 41549645

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 5629 Pearl Rd, Parma, OH 44129

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