Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Kaszyca Real Estate
Agent Phone: (330) 353-5206
Agency Title: Cutler Real Estate
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Property Description
Rare one-acre redevelopment opportunity in Cleveland's urban core! This unique offering combines six site-assembled parcels totaling approximately 1.01 acres (.86 + .15), zoned Local Retail Business (LR-C2). Perfectly positioned adjacent to NRP Group's brand-new 5115 The Rising community, featuring 88 affordable apartment and townhome units. Enjoy excellent access and visibility with close proximity to I-77, I-490, and direct connection to the $350M Opportunity Corridor, offering seamless access to Downtown Cleveland and just 10 minutes to the Cleveland Clinic and University Circle. Two buildings-5311 Magnet and 5243 Broadway-are currently occupied with an attached rent roll, providing immediate income potential while planning redevelopment. A truly rare chance to invest in Cleveland's next wave of urban revitalization!
Property Features
Property Type: Commercial - Business
Days on Market: 334
Heating: Hot Water, Steam
Lot Size: 0.99 Acres
Taxes: $10,879 / year
Year Built: 1915
Feature Descriptions
Parcel#: 123-23-026
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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5217 Broadway Avenue | MLS# 5166853
This commercial property located at 5217 Broadway Avenue, Cleveland, OH 44127 is currently listed for sale with an asking price of $850,000. Broadway Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.