# 5040 Broadway Avenue, Cleveland, OH 44127

> **TL;DR:** commercial, $300,000. Est. $1,300/mo. Listed 87 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $300,000 |
| Lot Size | 45,825 sqft (1.05 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 87 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| **Total** | **$1,300** |

## Property Highlights

- 1.05 acre lot

## Description

### Agent Description
Vacant commercial and residential lots prominently located on and in close proximity to 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. 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: six vacant lots bundled together at a reasonable price-delivering the value of 6 lots for the price of one in an up-and-coming neighborhood with serious growing momentum! Perfect for developers, investors, or owner-users seeking high-visibility exposure in a transforming urban market. 2. E.49th Street, Cleveland, OH 44127 / Parcel# 123-30-047 3. E. 49th Street, Cleveland, OH 44127 / Parcel# 123-30-045 4. E. 49th Street, Cleveland, OH 44127/ Parcel# 123-30-044 5. Dolloff Road, Cleveland, OH 44127 / Parcel# 123-30-090 6. 4921 Dolloff Road, Cleveland, OH 44127 / Parcel# 123-30-056

## Location

- **Address:** 5040 Broadway Avenue, Cleveland, OH 44127
- **County:** Cuyahoga
- **Neighborhood:** Phineas Dolloff's Allotment
- **Coordinates:** 41.471018, -81.655713
- **Google Maps:** https://www.google.com/maps?q=41.471018,-81.655713

## Listing Agent

- **Name:** Courtney E Redic
- **Brokerage:** Keller Williams Greater Cleveland Northeast
- **Phone:** 2162768472
- **Email:** Courtney.Redic@kw.com

## Primary Photo

![5040 Broadway Avenue - Primary Photo](http://lh.rdcpix.com/666e459139d8c5e6059113ea2e17d027l-f411544302r.jpg)

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**MLS#:** 5181257 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5040-broadway-avenue-cleveland-oh-44127-5181257)

---

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