What is the asking price for 5001 Fleet Ave #1?

The lease rate for space here is Contact for pricing.

What is the total size of 5001 Fleet Ave #1?

The property has a total square footage of 4,815 SF.

When was this property built?

5001 Fleet Ave #1 was built in 1988.

How many parking spaces are available at 5001 Fleet Ave #1?

Parking information for the property isn't currently listed. However, other nearby parking options include Toomey, located 2.12 miles away , and View Garage, which is 2.16 miles away.

5001 Fleet Ave, Cleveland, OH 44105

For Sale $295,000/SF
Property Type Retail
Property Size 4,815 SF
Lot Size 0.1 Acre
Building Class C
Year Built 1988
Year Renovated 1920
Date Updated Apr 7, 2026

Description

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.

For Lease or Sale:

Whether you’re looking to lease or own, this is an ideal opportunity to establish your business in a space with incredible potential in a thriving neighborhood. This is for sale at $295,000.