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$850,000
5217 Broadway Avenue, Cleveland, OH 44127
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Living area
0.991 acres
Lot size
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Stories
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!
Heating
5217 Broadway Avenue, Cleveland, OH 44127
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Estimated monthly payment
$5,325
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.