41
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$285,000
Est. payment /mo
5,344 Sqft Lot
Pending
5402 State RD Parma, OH 44134
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision State View
MLS Listing ID 5172904
HOA Y/N No
Year Built 1910
Annual Tax Amount $5,169
Tax Year 2024
Lot Size 5,344 Sqft
Acres 0.1227
Property Sub-Type Apartment
Property Description
Welcome to 5402 State Rd., an iconic mixed-use property nestled in the vibrant heart of Parma's Ukrainian Village, one of the city's most historic and culturally rich corridors. Offered to the public for the first time in over 100 years, this property has been lovingly stewarded by the same family for generations, an opportunity as rare as it is remarkable. From the moment you arrive, the timeless brick façade, large display windows, and classic storefront architecture capture your attention, offering unmatched visibility along this high-traffic stretch of State Road. A fenced-in backyard with private rear parking adds both function and security, making this building stand out among neighboring mixed-use properties. Inside, versatility is the hallmark of this nearly century-old landmark. The structure hosts two street-level retail spaces and up to three residential units, creating an ideal investment for those seeking multiple revenue streams under one roof. The apartments include two spacious three-bedroom, one-bath layouts, each featuring generous natural light, tall ceilings, and the character only found in early-20th-century construction. The third unit, an efficiently designed one-bedroom, one-bath space, offers additional flexibility for tenants seeking an affordable entry into the neighborhood. For more than five decades, one storefront has proudly served as home to a beloved neighborhood barber, a testament to both the property's stability and its enduring connection to the community. The adjacent commercial space is currently undergoing renovation, presenting a blank canvas for your creative vision, whether for retail, office, boutique services, or specialty uses that complement the surrounding district. This is more than real estate, it's a chance to own a piece of Parma's living history. Step into 5402 State Rd. and continue the legacy of craftsmanship, care, and community that has defined this property since 1910.
Location
State OH
County Cuyahoga
Interior
Heating Gas
Cooling Central Air, None
Fireplace No
Exterior
Parking Features Additional Parking
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Parma Csd - 1824
Others
Tax ID 443-30-133
Listed by Mark E Vittardi • CENTURY 21 DePiero & Associates, Inc. • 440-842-7010, topc21ohioagent@aol.com
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