Broadview-North

For Sale

5261-5273 Broadview Road, Parma, OH 44134

This Parma property for sale is located at 5261-5273 Broadview Road. The general use of Broadview-North is office and it incorporates 8,650 square feet of class C office space. The current listed sale price for Broadview-North is $535,000. Broadview-North is situated on a lot that is 0.59 acre in size.

Contacts

Connor Krouse

Lee & Associates

Property Details

  • Property Type Office - General Office
  • Property Size 8,650 SF
  • Units 2
  • Lot Size 0.59 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Date Updated Oct 8, 2026
5261-5273 Broadview Road is located at the northeast corner of Broadview Road and North Avenue in Parma, approximately one block south of Brookpark Road. The property benefits from strong visibility and traffic exposure along Broadview Road, with 20,406 vehicles per day reported at the nearby ODOT traffic-count station just south of North Avenue. Source: Ohio Department of Transportation (ODOT) Traffic Viewer, 2025.5261-5273 Broadview Road presents a well-located office/retail investment opportunity in Parma, Ohio. The approximately 8,650-square-foot building is situated at the northeast corner of Broadview Road and North Avenue, approximately one block south of Brookpark Road, offering strong visibility, convenient access, and a prominent location. The property is being offered for sale at $535,000, or approximately $62 per square foot. The building is currently 100% occupied by two established tenants, both of which have leases extending through May 31, 2028. The property's long-standing tenancy, stable income stream, strong parking, and convenient location make it an attractive opportunity for an investor seeking a well-positioned commercial asset with existing cash flow.
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Highlights

  • $535,000 Asking Price ($62/SF)
  • $81,696 in Total Annual Income
  • 100% Occupied
  • 20,406 Vehicles Per Day on Broadview Road
  • Approximately $50,296 Estimated NOI
  • Estimated 9.4% Going-In Cap Rate
  • Excellent Visibility and Convenient Access
  • Located Approximately One Block South of Brookpark Road
  • Long-Term Tenant History and Stable Existing Cash Flow
  • Prominent Broadview Road Frontage
  • Strong Parking Availability
  • Two Established Tenants with Leases Expiring May 31, 2028
  • Well-Maintained Condition

Attachments

Getting around

  • 73/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 48/100

    Bike Score ®

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Location

  • City Parma, OH
  • Neighborhood Parma
  • Zip Code 44134
  • Market Cleveland Akron

Points of Interest

  • Big Creek & Memphis Railway

    3.63 miles

  • Rockside

    3.71 miles

  • East 55th

    4.87 miles

  • Canal Exploration Center

    5.08 miles

  • West Boulevard–Cudell

    5.29 miles

  • East 79th

    5.39 miles

  • Settlers Landing

    5.47 miles

  • West Park

    5.78 miles

  • Buckeye–Woodhill

    5.98 miles

  • Cleveland Amtrak

    6.10 miles

  • BP

    0.22 miles

  • Marathon

    0.82 miles

  • Valero

    0.85 miles

  • Sunoco

    0.85 miles

  • Amoco

    1.21 miles

  • Speedway

    1.24 miles

  • Tesla Supercharger

    5.67 miles

  • South-East Harley Davidson

    9.25 miles

  • View Garage

    2.99 miles

  • Toomey

    3.09 miles

  • KeyBank Parking Garage

    3.82 miles

  • St. Ignatius Parking

    4.54 miles

  • West Side Market Parking

    4.73 miles

  • Merwin's Wharf Parking Lot

    5.01 miles

  • ATTC parking

    5.33 miles

  • Cudell Station Parking

    5.33 miles

  • Gateway East

    5.52 miles

  • Collection Auto Group Centre

    5.53 miles

  • Parma Hotel

    2.22 miles

  • Courtyard Cleveland Independence

    2.35 miles

  • Residence Inn

    2.35 miles

  • Hampton Inn & Suites

    2.40 miles

  • Crowne Plaza Cleveland Independence

    2.58 miles

  • SpringHill Suites Cleveland Independence

    2.63 miles

  • Embassy Suites

    2.67 miles

  • Holiday Inn

    2.73 miles

  • Red Roof Inn

    2.79 miles

  • DoubleTree by Hilton Hotel Cleveland - Independence

    2.82 miles

  • Save-A-Lot

    0.23 miles

  • ALDI

    0.75 miles

  • Marc's

    0.78 miles

  • Giant Eagle

    1.01 miles

  • Athens Imported Foods

    1.74 miles

  • Sugarland Food Mart

    2.11 miles

  • Dollar General Market

    2.17 miles

  • Ross

    2.33 miles

  • TJ Maxx

    2.34 miles

  • Target

    2.83 miles

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