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Broadview Professional Building 5455 Broadview Rd 7,050 SF Vacant Office Building Parma, OH 44134 $599,000 ($84.96/SF)

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INVESTMENT HIGHLIGHTS

  • Ideal for both investors (stable cash flow + lease-up potential) and owner-users.
  • High-visibility site on Broadview Road.

EXECUTIVE SUMMARY

This ±6,760 SF two-story office building on 0.34 acres is 75% leased, with 6 of 8 offices currently occupied, offering immediate income and upside potential. It’s ideal for investors seeking stable cash flow with lease-up opportunity or for an owner-user looking to occupy part of the building while earning rental income. The property features 24 dedicated surface parking spaces, a high-visibility location on Broadview Road, and easy access to I-480 and I-77. Located in a well-established commercial corridor near restaurants, retail, and daily conveniences, it offers a functional floor plan with flexible office suites, potential for cosmetic updates, and prominent signage to enhance tenant visibility.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,050 SF
Building Class
B
Year Built
1978
Price
$599,000
Price Per SF
$84.96
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Slab To Slab
9’
Building FAR
0.48
Lot Size
0.34 AC
Zoning
RB - Retail
Parking
29 Spaces (4.23 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 2
  • 500 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 2 500 SF Office - Now

1st Fl-Ste 2

Size
500 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 2

Size 500 SF
Space Use Office
Condition -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
445-10-008
Land Assessment
$20,720
Improvements Assessment
$182,525
Total Assessment
$203,245
  • Listing ID: 37126048

  • Date on Market: 1/9/2024

  • Last Updated:

  • Address: 5455 Broadview Rd, Parma, OH 44134

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