
1 Acre of Mixed-Use Land for Sale in Cleveland, Ohio
5040 Broadway Ave, Cleveland, OH 44127
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
- Street address
- 5040 Broadway Ave
- County
- Cuyahoga County
- Community
- Phineas Dolloff's Allotment
- School district
- Cleveland Municipal - 1809
- Elevation
- 683 feet
Directions
Broadway Avenue, close to the corner of Preshing and Broadway
Property details
- Acreage
- 1.052 acres
- MLS #
- NEOHREX 5181257
- Posted
Property taxes
- 2025
- $1,130
Parcels
- 123-30-010
Legal description
324 SL 28,29,30 0026 12330011 & 12330012 12330055
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Keller Williams Realty
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 20, 2026 | Price increase | $300,000 | $100,000 50% | NEOHREX |
| Jan 14, 2026 | New listing | $200,000 | — | NEOHREX |