For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

874 Aurora Rd Macedonia, OH 44056

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$350,000

High-demand, fully leased retail center.

Property size:
3,936 SF

Property Features for 874 Aurora Rd

General Information

Property type
Retail properties & Spaces
Square Feet
3,936 SF
Lot Size
18,295 SF

Building Details

Year Built
1969

We can help!

Listing Contact
Erin Thomas

Listing Agency: KW Living Listing Agent: Erin Thomas

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional investment opportunity presents a fully leased, three-unit retail center in Macedonia, Ohio, boasting nearly 4,000 square feet of rentable space on a 0.42-acre lot. Currently operating at 80% occupancy, the property generates a stable monthly income of $2,850 plus CAM fees from established tenants, including a daycare and salon. A vacant 1,500 square foot unit offers significant upside potential, projecting a total pro forma monthly income of $4,350 plus CAM fees. Recent improvements include a brand-new (2023) 17-space parking lot. Each unit features its own Trane furnace (inspected annually), private hot water tank, and bathroom. A recent 30-foot sewer scope confirmed no blockages. The property is conveniently located off I-271, a major thoroughfare with high daily traffic volume (15,000-18,000 vehicles directly, and over 60,000 vehicles on nearby I-271), and is surrounded by national retailers such as Starbucks, Hobby Lobby, Planet Fitness, Home Depot, Nordstrom Rack, and Pulp, ensuring high visibility and accessibility. Situated in a thriving area with a median household income exceeding $100,000 and a growing population, this B-1 zoned property in the Convenience Business District offers strong leasing potential and immediate cash flow in one of Northeast Ohio's most desirable markets. While the age of the roof and mechanical systems is unknown, the property's recent upgrades and strong tenant base make it a compelling investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

S D Oswiecinski ... Dental Office Alexander Kathy Dental Office Kairo Kids Childcare Daycare Center

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Macedonia
County
Summit
State
Ohio
Longitude
-81.50739
Latitude
41.31343

FAQs

What type of property is this?
Retail property - High-demand, fully leased retail center.
Where is this retail property located?
The property is located at 874 Aurora Rd Macedonia, OH.
What is the asking price?
The asking price for this property is $350,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message