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    Versatile Commercial Office Property Title is generated by Realmo AI

    115 W Aurora Rd, Northfield, OH 44067

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    Commercial office property suitable for owner-user or investor.

    Type:Office
    Property size:
    2,500 SF
    Price / SF:
    $200/SF
    Added:
    Mar 12, 2026
    Days on Market:
    114
    Last Refresh:
    Mar 19 at 11:00 pm

    Property Features for 115 W Aurora Rd

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    Office

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    William Snow
    William Snow

    Listing office Berkshire Hathaway HomeServices Stouffer Realty Inc

    Listing date Mar 12, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Stouffer Realty Inc

    HighLights

    • Versatile commercial office property suitable for owner‑user or investor.
    • Convenient suburban location.
    • Well‑maintained building.
    • Offers five office units.
    • Flexibility to occupy space for own needs.
    • Opportunity for a growing business.

    Overview

    This commercial office property presents an opportunity for an owner-user or investor. The well-maintained building offers 2,500 square feet of space and currently contains five office units. The property is located in a convenient suburban location.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $42.3k $16.92
    − Vacancy −$2.9k −$1.15
    EGI $39.4k $15.77
    − OpEx −$9.9k −$3.94
    NOI $29.6k $11.83
    2,500 SF · lease $16.92/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $422.4K
    $369.6K – $492.8K (±1% cap)
    NOI $29,568 @ 7.0% cap · market cap 5.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $613.5K
    $536.8K – $715.8K (±1% cap)
    NOI $42,947 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Daycare Center Hotel & Motel Discount Store Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Nursing Home Cafe & Coffee Shop Acupuncture

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

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Summit
    State
    Ohio
    Longitude
    -81.5346495
    Latitude
    41.3146517

    FAQs

    What type of property is this?
    Office units - Commercial office property suitable for owner-user or investor.
    Where is this office units located?
    The property is located at 115 W Aurora Rd Northfield, OH.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Versatile commercial office property suitable for owner‑user or investor.; Convenient suburban location.; Well‑maintained building.
    (330) 990-0256 Call to check price and availability
    More about this property
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