Cleveland Vacant Commercial and Residential
5040 Broadway Avenue, Cleveland, OH 44127
Six bundled vacant lots in Cleveland's revitalizing Slavic Village.
Type:Land / Commercial
- Added:
- Jan 13, 2026
- Days on Market:
- 134
- Last Refresh:
- May 19 at 10:57 pm
Property Features for 5040 Broadway Avenue
General Information
- Standard status
- Active
- Property subtype
- Land / Commercial
Listing agent Courtney E Redic License #2015000343 (216) 276-8472
Listing office Keller Williams Greater Cleveland Northeast (216) 276-8472
Listing date Jan 13, 2026
Source Compass
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HighLights
- Six vacant lots bundled together and priced as one in a revitalizing neighborhood.
- Excellent frontage on a major arterial roadway with high daily traffic.
- Zoned for commercial uses with mixed‑use potential.
- Quick access to downtown Cleveland, major employers, and regional highways via I‑77/I‑480.
- Located in Cleveland’s Slavic Village/Broadway Historic District, experiencing renewed investment and community revitalization.
- Suitable for various development options: retail, restaurant, medical/office, convenience store, auto‑related services, or mixed‑use with residential.
Overview
These vacant commercial and residential lots are prominently located on and near Broadway Avenue in Cleveland’s revitalizing Slavic Village/Broadway Historic District. The level, cleared site offers 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, including general retail, service, and mixed-use potential, the property is suited for retail development, fast-casual restaurants, medical or office spaces, convenience stores, auto-related services, or mixed-use developments with residential units above. Buyers should verify zoning with the City of Cleveland Planning Department. The property's proximity to the I-77 and I-480 corridor provides quick access to downtown, major employers, and regional highways, with downtown Cleveland under 10 minutes away. 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. This infill opportunity includes six vacant lots bundled together. It is located in an up-and-coming neighborhood. It is suited for developers, investors, or owner-users seeking high-visibility exposure in a transforming urban market.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6557345
- Latitude
- 41.470905
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Six bundled vacant lots in Cleveland's revitalizing Slavic Village.
Where is this commercial land located?
The property is located at 5040 Broadway Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Six vacant lots bundled together and priced as one in a revitalizing neighborhood.; Excellent frontage on a major arterial roadway with high daily traffic.; Zoned for commercial uses with mixed‑use potential.
