5040 Broadway Avenue
1 photo

$25,000

5040 Broadway Avenue
Cleveland, OH 44127
Listed by Courtney E Redic · Keller Williams Greater Cleveland Northeast
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Link to the auction is https://www.auction.com/details/5040-broadway-avenue-cleveland-oh-2109988. Vacant commercial lot prominently located on Broadway Avenue in the heart of Cleveland's revitalizing Slavic Village/Broadway Historic District. This level, cleared site offers excellent frontage along a major arterial roadway with strong daily traffic counts, serving as a key corridor connecting downtown Cleveland to the southeast suburbs. Zoned for commercial uses (general retail, service, mixed-use potential ? buyer to verify with City of Cleveland Planning), the property is ideally suited for retail development, fast-casual restaurant, medical/office, convenience store, auto-related services, or mixed-use with residential above. There will also be 5 additional lots included with this sale.                                               1. E.49th Street, Cleveland, OH 44127 / Parcel# 123-30-047                                       2. E. 49th Street,Cleveland, OH 44127 / Parcel# 123-30-045                                       3. E. 49th Street, Cleveland, OH 44127/ Parcel# 123-30-044                                       4. Dolloff Road, Cleveland, OH 44127 / Parcel# 123-30-090                                      5. 4921 Dolloff Road, Cleveland, OH 44127 / Parcel# 123-30-056 Proximity to I-77/I-480 corridor provides quick access to downtown (under 10 minutes), major employers, and regional highways. The area is experiencing renewed investment, including recent mixed-use projects, streetscape improvements, transit-oriented development plans, and community revitalization efforts by Slavic Village Development. Don't miss this rare infill opportunity in an up-and-coming neighborhood with growing momentum perfect for developers, investors, or owner-users seeking high-visibility exposure in a transforming urban market!

Property details

MLS #
5229779
Property type
Commercial
Subdivision
Phineas Dolloffs Allotment
Status
Active
Days on market
N/A
On market date
July 22, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.78 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Broadway Academy
0.41 mi away · Grades 0-8
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
400
Student:teacher ratio
19.0:1
District
Broadway Academy
Middle
Cuyahoga Hts Middle School
3.12 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
HighCharter
George V. Voinovich High School
0.41 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
27
Student:teacher ratio
4.5:1
District
George V. Voinovich High School

Mortgage calculator

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Est. monthly payment
$301/mo
$5,000 down
$20,000 loan
Principal & interest$130
Property tax (est.)$21
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 29 days ago.

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.