Mixed-Use Brick
5362 Broadway Avenue, Cleveland, OH 44127
For Sale
$100,000
County records identify retail and walk-up apartment uses, while the condemned structure requires a full gut.
Property Size23,784 SF
Lot Size0.14 Acres
Price / SF$4.20
Days on Market52
Property Features for 5362 Broadway Avenue
General Information
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Mixed-Use Components
Additional Details
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Listing Agency:
Russell Real Estate Services
(440) 201-9850
Listed By:
Tal Tamir · License #2018001908
(216) 870-8687
Source:
Kimberlysrealtycorp
Added: Sep 17
Changed: Nov 7
Last Checked: Nov 7 at 12:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Real Estate Services
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Investment Insights
Based on property information with market context.
Dating to 1885, this brick masonry property is a condemned mixed-use building on a 6,250-square-foot parcel. County records identify general retail with walk-up apartments, and the site carries general commercial zoning. The structure requires a full gut; buyers should verify the condemnation record and permitting process with the City before proceeding.
The property is on Broadway, about a block and a half north of East 55th Street. GCRTA has identified the Broadway and East 55th intersection as the first investment priority in its corridor transit-oriented development plan. Plans described for the corridor include bus rapid transit and bus-only lanes. The Village 55 partnership is pursuing a first phase at the intersection, and NRP Group’s 5115 The Rising is four blocks south. The Opportunity Corridor links to University Circle and the Cleveland Clinic.
The property is on Broadway, about a block and a half north of East 55th Street. GCRTA has identified the Broadway and East 55th intersection as the first investment priority in its corridor transit-oriented development plan. Plans described for the corridor include bus rapid transit and bus-only lanes. The Village 55 partnership is pursuing a first phase at the intersection, and NRP Group’s 5115 The Rising is four blocks south. The Opportunity Corridor links to University Circle and the Cleveland Clinic.
Key Highlights
- 1885 brick masonry mixed‑use building on a 6,250‑square‑foot lot
- Condemned property requiring a full gut
- County records show general retail with walk‑up apartments
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
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Business Placement
Demographics for 44127, OH
4,179
Population
2,182
Households
1.9
Avg Household Size
37
Median Age
10%
College-Educated
67%
High-School Grad
1.8 sq mi
ZIP Area
2,322
Density / Sq Mi
$32,955
Median Household Income
$29,000
Median Earnings
$657
Median Rent
$50,600
Median Home Value
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Market
Properties on Market for Mixed-use properties in Cleveland
Vacancy Rate% for Retail in Cleveland, OH
Frequently Asked Questions
What type of property is this?
Mixed-use property - County records identify retail and walk-up apartment uses, while the condemned structure requires a full gut.
Where is this mixed-use property located?
The property is located at 5362 Broadway Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 1885 brick masonry mixed‑use building on a 6,250‑square‑foot lot; Condemned property requiring a full gut; County records show general retail with walk‑up apartments
