Brick-Front Storefront
For Sale
$255,000
4873 Broadview Road, Cleveland, OH 44109
CommercialSale, Cleveland, OH
Property Size2,000 SF
Lot Size0.18 Acres
Price / SF$127.50
Days on Market47
Property Features for 4873 Broadview Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
10
Subdivision
August Cook Allotment
Elementary school district
Cleveland Municipal - 1809
Middle school district
Cleveland Municipal - 1809
High school district
Cleveland Municipal - 1809
Directions
North of Brookpark and off of Broadview Rd
Standard status
Active
APN
010-10-003
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
78 COOKSUB 0003 ALL
Tax Annual Amount
3373
Legal Description
78 COOKSUB 0003 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
furnace and air conditioning (2019)
updated hot water tank
asphalt driveway
wood privacy fence
Building Details
Year built
1951
Listing Agency:
RE/MAX Above & Beyond · RE/MAX International
(440) 842-7200
Listed By:
Robert J Cole Sr. · License #2016001279
(440) 241-5221
Added: Sep 8
Changed: Oct 19
Last Checked: Oct 24 at 5:06AM
MLS# 5243269
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.
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Investment Insights
Based on property information with market context.
This storefront property, built in 1951, presents a brick exterior and a two-part interior configuration. Each section has its own entrance, allowing the building to function as distinct retail areas or be organized around separate business needs. The property is equipped with forced-air heating, a 2019 furnace and air-conditioning unit, and an updated hot water tank.
An asphalt driveway provides on-site parking and access to both entrances. The lot is enclosed by a 6-foot wood privacy fence, adding defined outdoor space for customer access or storage. Public water and public sewer serve the property at 4873 Broadview Road in Cleveland, Ohio.
An asphalt driveway provides on-site parking and access to both entrances. The lot is enclosed by a 6-foot wood privacy fence, adding defined outdoor space for customer access or storage. Public water and public sewer serve the property at 4873 Broadview Road in Cleveland, Ohio.
Key Highlights
- Two separately accessed interior sections support flexible retail layouts
- Brick storefront building constructed in 1951
- 2019 furnace and air‑conditioning unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,215
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,300
$384.3K
Cap Rate 7%
$274,500
$274.5K
Cap Rate 9%
$213,500
$213.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$30.0K $15.00/SF
− Vacancy
−$2.6K −$1.28/SF
EGI
$27.5K $13.73/SF
− OpEx
−$8.2K −$4.12/SF
NOI
$19.2K $9.61/SF
Area
Cleveland, OH
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,300
Cap Rate 7%
$274,500
Cap Rate 9%
$213,500
Alternative Uses
Best Use
Retail
$274.5K
$240.2K – $320.3K
NOI $19,215 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.1K
$427.1K – $569.4K
NOI $34,164 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44109, OH
39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Cleveland, OH
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail building with two separately accessed sections, updated mechanical systems, on-site parking, and a fenced lot.
Where is this storefront property located?
The property is located at 4873 Broadview Road Cleveland, OH.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two separately accessed interior sections support flexible retail layouts; Brick storefront building constructed in 1951; 2019 furnace and air‑conditioning unit
