7560 Broadview Road, Cleveland, OH 44134

$1,125,000
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Sold Price
$1,125,000
List Price
$1,150,000
Status
CLOSED
MLS#
5165032
Year Built
1990
Closing Date
Jan 27, 2026
Region
Parma
Township
Parma
Subdivision / Building
Ely
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(440) 539-6347

Property Description

8,000 SF Suburban Retail Plaza Investment with Clear Value-Add Strategy located between Pleasant Valley & Broadview Rd Intersection and Meijer's. High Visibility along Broadview Rd and High-Traffic Shared Access Drive with Pleasant Valley Shopping Center. 3 Access Points, 1 signalized. 100% Occupied: 2 Tenants: $12 PSF on 6,800 SF & $18 PSF on 1,200 SF. Clear Future Value-Add Opportunity: dividing 6,800 SF Unit into many 1,200-2400 SF Units and taking rent from $12 PSF to market rent. High Residual Land Value: 100ft Frontage with Excess Land in Rear. Being offered at 8 cap on in-place rents. Well-maintained by original landlord since constructed.

(440) 539-6347
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Additional Information

Taxes
$17,589
Acres
1
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
Multi Units
School District
Parma CSD - 1824
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Listing Courtesy of: Luke Petros, lukepetros@stoufferrealty.com With Berkshire Hathaway HomeServices Stouffer Realty

Selling Office: Non-Member.

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