1060 Aurora Rd Aurora, OH 44202-8749
This unique 13,000 square foot special purpose property, located at 1060 N Aurora Rd in Portage County, Ohio, presents a remarkable investment opportunity. Situated on a 1.397-acre lot (APN: 03-001-00-00-001-003|2), this single-tenant building boasts a rich history as the former Geauga Lake Dance Hall. Currently undergoing a complete renovation, the property will feature a brand-new exterior façade, updated common areas, and a revitalized parking field. The renovation plan also includes the addition of large outdoor patios offering spectacular lake views. This property is part of a larger, master-planned redevelopment of the historic Geauga Lake area, promising future connectivity to a boardwalk and nature trails. While currently configured as a single-tenant space, the building's design allows for future division into multiple suites, providing flexibility for various business needs. This is a rare chance to be part of a vibrant, revitalized lakeside community. The property's one-story structure offers easy accessibility and ample space for a variety of uses. Don't miss this exceptional opportunity to secure a prime location within a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.