5040 Broadway AvenueCleveland, OH 44127

5040 Broadway AvenueCleveland, OH 44127

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$200,000 Active
Land - Commercial MLS 5181257

Listed By

Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: Courtney.Redic@kw.com, 216-276-8472

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

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! 1. E.49th Street, Cleveland, OH 44127 / Parcel# 123-30-047 / MLS# 5181293 2. E. 49th Street, Cleveland, OH 44127 / Parcel# 123-30-045 / MLS# 5181302 3. E. 49th Street, Cleveland, OH 44127/ Parcel# 123-30-044 /MLS# 51814477 4. Dolloff Road, Cleveland, OH 44127 / Parcel# 123-30-090 / MLS# 5181024 5. 4921 Dolloff Road, Cleveland, OH 44127 / Parcel 123-30-056/ MLS# 5180973

5040 Broadway Avenue | MLS# 5181257

This land located at 5040 Broadway Avenue, Cleveland, OH 44127 is currently listed for sale with an asking price of $200,000. The property has approximately 0.78 Acres. Broadway Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Land - Commercial
Days on Market: 7
Lot Size: 0.78 Acres
Taxes: $0 / year

Feature Descriptions

Parcel#: 123-30-010
Parking: Asphalt
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 5040 Broadway Avenue, Cleveland, OH 44127
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,034.13 per month $975.80 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.33 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage