
Mixed-Use Land for Sale in Cleveland, Ohio
5040 Broadway Ave, Cleveland, OH 44127
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. 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!
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
- Lot size
- 0.78 acres33,977 sq ft
- MLS #
- NEOHREX 5181257
- Posted
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 |
|---|---|---|---|---|
| Jan 14, 2026 | New listing | $200,000 | — | NEOHREX |