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6500 Pearl Road

Parma Heights, OH 44130
  • $530,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 4396107
UPDATED: 105 min ago
$530,000
  • 0
    BEDS
  • 3.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Ely
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Listing courtesy of Prodigy Properties.
Listing information © 2022 YES-MLS.

Description

Court Appointed Receiver, Prodigy Properties, is pleased to present the opportunity to acquire 6500 Pearl Rd located in Parma Heights, OH. Parma Heights is considered a submarket of Cleveland and is only 8 miles southwest of downtown Cleveland. Constructed in 1965 this intriguing value-add office building features two stories plus a lower level and more than 61,000 SF of ideal space for medical and/or professional office uses. The new owner will benefit from an immediate rent base with significant upside potential by addressing deferred maintenance, increasing rents, extending existing MTM tenants, and lease-up of vacancy. Property will be sold free and clear of all liens, with property taxes prorated and paid off to the day of closing. Receiver may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice. No representations, warranties, or guarantees. Bidding is scheduled to conclude on 08/24/2022 at 2pm ET. A 10% Buyers Premium is added to the high successful bid to determine the final purchase price. Immediately following the conclusion of the bidding, the high successful bidder must wire transfer a 10% deposit of the final purchase price net of the $25,000 participation deposit.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-14T00:08:17.597.
www.mystarkcountyhome.com/homes/131364894
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6500 Pearl Road Parma Heights, OH 44130

  • Price: $530,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 105 min ago
  • MLS #: 4396107
0
Beds
0
Baths
0
½ Baths
3.01
Acres
1965
Built
Neighborhood:
Ely
County:
Cuyahoga
Area:
Parma Heights
Property Description
Court Appointed Receiver, Prodigy Properties, is pleased to present the opportunity to acquire 6500 Pearl Rd located in Parma Heights, OH. Parma Heights is considered a submarket of Cleveland and is only 8 miles southwest of downtown Cleveland. Constructed in 1965 this intriguing value-add office building features two stories plus a lower level and more than 61,000 SF of ideal space for medical and/or professional office uses. The new owner will benefit from an immediate rent base with significant upside potential by addressing deferred maintenance, increasing rents, extending existing MTM tenants, and lease-up of vacancy. Property will be sold free and clear of all liens, with property taxes prorated and paid off to the day of closing. Receiver may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice. No representations, warranties, or guarantees. Bidding is scheduled to conclude on 08/24/2022 at 2pm ET. A 10% Buyers Premium is added to the high successful bid to determine the final purchase price. Immediately following the conclusion of the bidding, the high successful bidder must wire transfer a 10% deposit of the final purchase price net of the $25,000 participation deposit.
Interior Features

Basement YN No Building Area Total 0 Heating Forced Air Heating YN Yes

Property Features

Lease Considered YN No Property Sub Type Mixed Use Sewer Public Sewer Township Parma Heights Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Prodigy Properties.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-14T00:08:17.597.
 
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Jose Medina and Associates | Keller Williams Legacy Group Realty
1401 South Main St. Suite 101
North Canton OH, 44720
Listing courtesy of Prodigy Properties.
Listing information © 2022 YES-MLS.