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Space Available For Lease 1
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Prime Commercial Space in Slavic Village Discover a rare opportunity to lease or purchase a two-story commercial building in the heart of Cleveland’s historic and revitalized Slavic Village neighborhood. Located at 5001 Fleet Ave., this property offers a blank canvas ready for your vision, with creative renovation possibilities enhanced by $100,000 in available city grants. Property Highlights: • Charming Character: Original exposed brick walls add a unique and timeless aesthetic. • Modern Comforts: Equipped with two brand-new furnaces, one for each floor, and a new rooftop air conditioning unit to ensure year-round comfort. • Iconic Feature: Includes the infamous neon Slavic Village sign, offering unparalleled branding and visibility. • White Box Ready: A blank slate ready for your design and finishing touches, perfect for retail, office, or mixed-use concepts. City Grant Opportunity: The City of Cleveland is offering a $100,000 grant to aid renovations, with $50,000 allocated for exterior improvements and $50,000 for interior upgrades, giving you the financial support to bring your vision to life. Neighborhood Appeal: Located in Slavic Village, this property is surrounded by a community rich in history and culture, with ongoing revitalization efforts making it a hub for new businesses, residents, and visitors alike.
George W. Hoover
Trinity Commercial Realty |
Contacts
Trinity Commercial Realty
Property Details
- Property Type Retail
- Property Size 4,815 SF
- Lot Size 0.1 Acre
- Year Built 1988
- Year Renovated 1920
- Date Updated Apr 7, 2026
Reach out to the broker for more info on lease terms and amenities
Getting around
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52/100
Walk Score ®
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33/100
Transit Score ®
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39/100
Bike Score ®
Location
- City Cleveland, OH
- Neighborhood South Broadway
- Zip Code 44105
- Market Cleveland Akron
Points of Interest
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East 55th
1.70 miles
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East 79th
2.05 miles
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Buckeye–Woodhill
2.65 miles
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Settlers Landing
3.64 miles
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East 9th–North Coast
4.03 miles
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Cleveland Amtrak
4.04 miles
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South Harbor
4.06 miles
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Coventry
4.14 miles
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Rockside
4.56 miles
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West Boulevard–Cudell
5.32 miles
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7-Eleven
0.02 miles
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Marathon
0.61 miles
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BP Harvard
0.63 miles
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Sunoco Slavic Village
0.84 miles
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Speedway
0.92 miles
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Harvard Gas USA
0.99 miles
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Clark
1.41 miles
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Shell
2.07 miles
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BP
2.11 miles
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Tesla Supercharger
7.61 miles
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Toomey
2.12 miles
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View Garage
2.16 miles
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ATTC parking
2.50 miles
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South Garage
3.16 miles
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St. Ignatius Parking
3.18 miles
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West Side Market Parking
3.21 miles
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Prospect Garage
3.23 miles
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Gateway East
3.27 miles
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The Halle Garage
3.35 miles
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Merwin's Wharf Parking Lot
3.35 miles
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Daisy's Ice Cream
0.29 miles
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The Red Chimney
0.55 miles
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Subway
0.63 miles
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McDonald's
0.65 miles
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Rally's
0.67 miles
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Jalapeño Grill
0.70 miles
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Dunkin'
0.72 miles
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Pizza Hut
0.74 miles
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Mr. Hero
0.76 miles
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Marsha's Soul Food Cafe
0.87 miles
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Save-A-Lot
0.76 miles
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Dave's
1.18 miles
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Marshalls
1.74 miles
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Target
1.74 miles
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ALDI
1.78 miles
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Walmart Supercenter
1.97 miles
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Burlington
1.97 miles
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Simon's
3.20 miles
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5th Street Arcades
3.46 miles
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Tower City Center
3.53 miles
5001 Fleet Avenue Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
5001 Fleet Avenue is located in South Broadway, which is home to a total of 2 listing(s). Retail space at The Slavic Village Building asks $2,900.00/MO per square foot.
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The property includes 3,210 square feet of retail space for lease. Of this total, 3,210 square feet are Retail.
Lease agreement conditions for the availability at this property include Modified Gross.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
5001 Fleet Avenue was last renovated in 1920.
Knowing your ideal customer is essential. For your consideration, the average age of residents in South Broadway is 40. The average household income here is $40,906 per year.
Trinity Commercial Realty
