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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!

Features
: Hot Water, Steam
Address Map
OH
Cuyahoga
Cleveland
44127
Broadway
5217
Avenue
W82° 20' 47''
N41° 28' 11''
Property Details
Active
Russell Real Estate Services
Tal Tamir
91,086 Sqft
2018001908
20489
123-23-026
: Public Sewer
: Public
$10,879
27/10/2025 19:06:30
No
No
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5217 Broadway Avenue, Cleveland, Ohio 44127

Commercial Sale For Sale

0.99 Sqft
$950,000
Listing ID #5166853
Basic Details
Property Type : Commercial Sale
Property Sub Type : Mixed Use
Listing Type : For Sale
Listing ID : 5166853
Price : $950,000
Year Built : 1915
Lot Area : 0.99 Sqft
Current Use : Multi-family,residential,single Family
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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