5243 Broadway Avenue Cleveland, OH 44127
Nestled next to the vibrant new "5115 The Rising" development by the NRP Group, this mixed-use gem boasts two spacious commercial storefronts paired with two apartments above, each spanning around 1200 sq feet, with 2-bedrooms and 1-bath each. Positioned in direct proximity to the Opportunity Corridor, the North Broadway location is PRIMED for future development. The entire building is currently vacant but is in good shape, with numerous updates completed, making it easy for a new owner to come in, finish and occupy the property. An additional bonus is that the property recently earned a lead certification from the City of Cleveland – one less thing to think about! The property presents an enticing investment opportunity, projecting a proforma rent potential of $2700/month. Don't miss your chance to step into this prime piece of real estate ready to seize current and future opportunities!
- Property TypeCommercial
- NeighborhoodN/A
- CountyCuyahoga
- Taxes$1,502
- HOA/Condo/Coop Fees$0
- Days on Site20 Days
- MLS StatusActive
- MLS ID Number5027645
- Home Size Source Assessor
- Year Built1910
- Lot Size0.133 Acres
- Full BathsN/A
- Partial BathsN/A
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| 3 weeks ago |
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General Features
- Sewer Public Sewer
- Basement Full
- Number of Stories 3Three Or More2
- Acreage 0.133
- Water Public
- Property Sub Type Mixed Use
- Attached Garage No
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating Forced AirGasRadiators
Exterior Features
- Roof CompositionFlat
- Waterfront Property No
Community Features
- Township Cleveland