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Property profile & analytics
OFF-MARKET
Retail space

311 Garfield Rd Aurora, OH 44202-9357

1,172 SF 0.37 ac lot Built 1940
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-6102317
Property summary
AI-generated overview

This exceptional 1,536-square-foot commercial property at 311 E Garfield Road in Aurora, OH, presents a unique investment opportunity. Situated on a 0.37-acre lot, this landmark building offers unparalleled visibility and accessibility. Recent renovations have transformed the interior, showcasing immaculate, freshly sanded and stained hardwood floors. Walls have been strategically removed to create an open, inviting layout, complemented by new windows that bathe the space in natural light. The updated exterior features a welcoming front porch. Interior enhancements include a custom decorative vinyl ceiling, a new chandelier, and additional lighting fixtures. Plumbing is in place for an additional sink. The versatile floor plan includes three rooms on the first floor and two on the second, totaling 1,536 square feet. Dedicated parking spaces provide convenient access. This property's prime location near thriving businesses, restaurants, and shopping centers in Aurora offers significant growth potential. The property is ideal for a variety of uses, including office space, retail, or other commercial ventures. This is a rare opportunity to own a beautifully updated commercial space in a highly desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction FRAME
Total area 1,172 SF
Lot 0.37 ac (15,930 SF)
APN 03-024-00-00-032
UPID US66-6102317
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Forage and Feather Home Decor Store Department Store
  • Chagrin Falls Candle Company LLC Home Decor Store
  • Andrea S. Minton, Attoreny Law Firm
  • Aurora Title Agency Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fana Five Properties LP · 4 yrs held
Fana Five Properties LP
since 2021
Last sale
$160,000
4 recorded transactions
2021
$160,000
2013
$142,000
2005
$250,000
1998
$64,800
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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