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$36,000
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Property Description
Vacant commercial lot prominently located on Broadway Avenue in the heart of Cleveland's revitalizing Slavic Village/Broadway Historic District. This level, cleared site offers excellent 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 (general retail, service, mixed-use potential ? buyer to verify with City of Cleveland Planning), the property is ideally suited for retail development, fast-casual restaurant, medical/office, convenience store, auto-related services, or mixed-use with residential above. There will also be 5 additional lots included with this sale.                                              1. E.49th Street, Cleveland, OH 44127 / Parcel# 123-30-047                                      2. E. 49th Street,Cleveland, OH 44127 / Parcel# 123-30-045                                      3. E. 49th Street, Cleveland, OH 44127/ Parcel# 123-30-044                                      4. Dolloff Road, Cleveland, OH 44127 / Parcel# 123-30-090                                     5. 4921 Dolloff Road, Cleveland, OH 44127 / Parcel# 123-30-056 Proximity to I-77/I-480 corridor provides quick access to downtown (under 10 minutes), major employers, and regional highways. 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. Don't miss this rare infill opportunity in an up-and-coming neighborhood with growing momentum perfect for developers, investors, or owner-users seeking high-visibility exposure in a transforming urban market!
Full Property Details
Full Property Details for 5040 Broadway Ave
General
- Sold For: $36,000
- Taxes: (2025)
- Status: Closed
- Type: Commercial Land
- Source: 505
- MLS ID: 5229779
- Added to Site: 86 day(s) ago
Parking
- Parking Features: Gated
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Phineas Dolloffs Allotment
- Driving Directions: East on Broadway Avenue. Make a right on Preshing Ave. First left onto Dolloff road.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 0.78
- Lot Size: .78
- Lot Size Source: Assessor
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Auction
- Legal Description: 324 SL 28, 29, 30 0026 12330011 & 12330012 12330055
- Property ID: 123-30-010
Listed by Keller Williams Greater Cleveland Northeast, Courtney E Redic
Sold by Non-Member, Non-Member Non-Member
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Schools
Schools serving 5040 Broadway Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Mound Elementary School, Cleveland, OH 5935 Ackley Road, Cleveland, OH 44105 | PK-8 | 0.7 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 1 mi |
Dike School of Arts 2501 East 61st Street, Cleveland, OH 44104 | PK-8 | 1.4 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 7.2 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 1.7 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 2.4 mi |
Campus International High School 3100 Chester Avenue, Cleveland, OH 44114 | 9-12 | 2.4 mi |
East Technical High School 2439 East 55th Street, Cleveland, OH 44104 | 9-12 | 1.5 mi |
Alfred A. Benesch School 5393 Quincy Avenue, Cleveland, OH 44104 | K-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5040 Broadway Ave
Date
Details
Price
Change
Source
9/21/2026
Sold
$36,000
44%
MLS
7/22/2026
Listed
$25,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5040 Broadway Avenue, Loveland, OH 44127 (MLS# 5229779) is a Commercial Land property that was sold at $36,000 on September 21, 2026. Want to learn more about 5040 Broadway Avenue? Do you have questions about finding other Commercial Land real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

