Business at 5393 Pearl Road, Parma
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Parking Lot - 5393 Pearl Road, Parma
Parking Lot - 5393 Pearl Road, Parma
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$349,000

5393 Pearl Road
Parma, OH 44109
Listed by Brett Munich · Keller Williams Greater Metropolitan
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1956

About this home

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. 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 details

MLS #
5187122
Property type
Business
Subdivision
Ridgeview Park Allotment
Status
Active
Days on market
127
On market date
February 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
10
Lot size
0.1857 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Benjamin Franklin
1.13 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
414
Student:teacher ratio
15.9:1
District
Cleveland Municipal
Middle
Cuyahoga Hts Middle School
1.6 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
176
Student:teacher ratio
17.6:1
District
Cuyahoga Heights Local
High
Cuyahoga Hts High School
1.6 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
315
Student:teacher ratio
21.0:1
District
Cuyahoga Heights Local

Walkability

Blended score for Parma's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

50
Somewhat walkable
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
78 / 100
Restaurants & cafes7
Grocery stores6
Parks6
Schools4
Transit stops11
Pharmacies0

Market position

How this listing compares to current activity in Parma, from live MLS data.

On the market 127 days -- 82 more days than Parma's current average of 45 days.
For reference, the median list price across 122 active listings in Parma right now is $224,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,252/mo
$69,800 down
$279,200 loan
Principal & interest$1,811
Property tax (est.)$291
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.