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$355,000
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Property Description
Exceptional Investment Opportunity: Fully Leased Retail Center with Value-Add Potential in Thriving Macedonia! This well-maintained multi-tenant strip center is a standout opportunity for investors seeking immediate cash flow with room to grow. Located in the high-demand market of Macedonia, Ohio, this property features 3 units with nearly 4000 rentable sq ft at a current 80% occupancy to established tenants that include a daycare and salon that are currently generating $2,850/month plus CAM fees. A vacant unit, ready for lease, offers additional income potential of $1,500/month plus CAM fees, bringing total pro forma income to $4,350/month. Recent upgrades include a brand-new parking lot (2023) with 17 spaces, ensuring convenience for tenants and customers. Each unit is equipped with its own Trane furnace, inspected annually, as well as private hot water tanks and bathrooms. The owner also recently had a 30ft sewer scope performed to ensure there were no blockages. Seller does not know exact age of roof or mechanicals. Zoned B-1 in the Convenience Business District, this property is located just moments off I-271, with 15,000-18,000 vehicles per day and over 60,000 vehicles traveling nearby on I-271. Surrounded by major national retailers like Starbucks, Hobby Lobby, Planet Fitness, Home Depot, Nordstrom Rack, and Pulp, this property offers prime visibility and accessibility for businesses. Strategically located in Macedonia, a booming city with easy access to I-271 and Route 82, this property benefits from a median household income exceeding $100,000 and a growing population, making it a prime location for businesses. With stable income, modern infrastructure, and strong leasing potential, this is your chance to own a high-performing retail center in one of Northeast Ohio's most desirable markets.
Full Property Details
Full Property Details for 874 E Aurora Rd
General
- Sold For: $355,000
- Taxes: $8,108 (2023)
- Status: Closed
- Type: Commercial Institutional
- Source: 505
- MLS ID: 5094178
- Added to Site: 93 day(s) ago
Business
- Business Type: Barber/Beauty, Child Care, Professional Service
Parking
- Total Spaces: 20
- Parking Features: Asphalt, Paved, Parking Lot
Location
- County: Summit
- Township: Macedonia
- Driving Directions: On East Aurora, between Valley View Rd and Park Ave
School Information
- Elem School District: Nordonia Hills CSD - 7710
- Midd School District: Nordonia Hills CSD - 7710
- High School District: Nordonia Hills CSD - 7710
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Basement Desc.: None
- Roof: Flat, Membrane, Rubber
- Current Bldg. Use: Office, Other, Retail, Vacant
- Year Built: 1969
- Year Built Source: Public Records
- Other Struct. Feat.: Day Care Facility, Private Restrooms
Lot Features
- Lot Size (Acres): 0.4202
- Lot Size: .4202
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $8,108
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 16 S OF AURORA RD 120.87 FT FRT .58 AC LESS PT FOR RD 15-WD
- Property ID: 3303507
Listed and Sold by Keller Williams Living, Erin Thomas
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Schools
Schools serving 874 E Aurora Rd
School District:Nordonia Hills City School District
| Name | Grades | Distance |
|---|---|---|
Lee Eaton Elementary School 115 Ledge Road, Northfield, OH 44067 | 5-6 | 1.9 mi |
Nordonia Middle School 73 Leonard Avenue, Northfield, OH 44067 | 7-8 | 1.5 mi |
Nordonia High School 8006 South Bedford Road, Macedonia, OH 44056 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 874 E Aurora Rd
Date
Details
Price
Change
Source
8/28/2025
Sold
$355,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
874 E Aurora Road, Macedonia, OH 44056 (MLS# 5094178) is a Commercial Institutional property that was sold at $355,000 on August 28, 2025. Want to learn more about 874 E Aurora Road? Do you have questions about finding other Commercial Institutional real estate for sale in Macedonia? You can browse all Macedonia real estate or contact a Coldwell Banker agent to request more information.

