874 E Aurora Rd | Macedonia, OH 44056
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874 E Aurora Rd
Macedonia, OH 44056
Retail Property For Sale
Investment Highlights
- Current Gross Income: $2,850/month (with pro forma potential of $4,350/month)
- Occupancy: 80%, with daycare lease through 2027 and salon lease through March 2026
- Prime Location: Just off I-271 in Macedonia, OH, with 15,000-18,000 VPD and proximity to major retailers
- Annual Expenses: $16,500
- Vacant Unit: Rent-ready, projected at $1,500/month plus CAM fees
- Recent Upgrades: Parking lot repaved in 2023 with 17 parking spaces
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,936 SF
Building Class
C
Year Built/Renovated
1969/2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.42 AC
Zoning
B-1 - Convenience Business District is established primarily for small, local businesses in enclosed buildings that provide frequent and daily retail goods
Parking
17 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
121’ on E Aurora Rd
Property Taxes
| Parcel Number | 33-03507 | Improvements Assessment | $50,162 |
| Land Assessment | $80,091 | Total Assessment | $130,253 |
Property Taxes
Parcel Number
33-03507
Land Assessment
$80,091
Improvements Assessment
$50,162
Total Assessment
$130,253
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