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Former Bank Building with Vaults
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1011 E Aurora Rd, Macedonia, OH 44056

Former bank building with vaults in place and an open floor plan suitable for conversion.

Space Size5,200 SF
Days on Market2058

Property Features for 1011 E Aurora Rd

General Information

Standard status Active
Size 5,200 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1011 E Aurora Rd Contact us

1011 E Aurora Rd $23/SF/Yr

Floor
Bldg
Size
5,200 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Former bank building with vaults still in place • Open floor plan for easy...
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Listing Agency: Cresco Real Estate | Cleveland
Listed By: Brian Smith
Source: Moodyscre
Added: Jan 23, 2021 Changed: Sep 6 Last Checked: Sep 11 at 10:59AM

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 Cresco Real Estate | Cleveland

Investment Insights

Based on property information with market context.

This former bank building retains its original vaults and offers an open floor plan that can be adapted for a variety of commercial uses, including restaurant, office, or retail. The layout is designed for straightforward interior reconfiguration while keeping the building’s distinctive features.

Located at 1011 E Aurora Rd in Macedonia, Ohio, the property is positioned within a growing community.

With the existing bank improvements and flexible open interior, the building provides a practical starting point for an operator looking to customize space for their specific concept.

Key Highlights

  • Former bank building with vaults still in place
  • Open floor plan provides flexibility to convert to a restaurant, office, or retail use
  • Located in the growing community of Macedonia, Ohio

Property Analytics

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Open Analytics

Current Use

Q & A Dental Care Dental Office Dr. Quentin Montgomery Dental Office

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Skin Care Clinic Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby
102k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Dining 30% Groceries 13% Home Improvements & Furnishings 10%
Speedway Shops & Services
32,223 visits/mo 0.4 miles
Gordon Food Service Groceries
13,342 visits/mo 0.1 miles
Dunkin' Donuts Dining
12,157 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
10,520 visits/mo 0.1 miles
Penn Station East Coast Subs Dining
5,910 visits/mo 0.4 miles

Demographics for 44056, OH

12,156
Population
4,898
Households
2.5
Avg Household Size
47
Median Age
41%
College-Educated
94%
High-School Grad
9.8 sq mi
ZIP Area
1,240
Density / Sq Mi
$108,059
Median Household Income
$51,731
Median Earnings
$2,024
Median Rent
$294,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Former bank building with vaults in place and an open floor plan suitable for conversion.
Where is this bank located?
The property is located at 1011 E Aurora Rd Macedonia, OH.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Former bank building with vaults still in place; Open floor plan provides flexibility to convert to a restaurant, office, or retail use; Located in the growing community of Macedonia, Ohio
(216) 525-1476 Call to check price and availability
More about this property
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