Skip to main content
Back to Search Results
|

874 E Aurora Road, Macedonia, OH 44056

Show All 38 Photos
For Sale
Sale Pending

$350,000

0.42 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5094178

Courtesy Of KW Living

(440) 318-1620

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.42 Acres
  • Roof Type
    Membrane

Map and Directions

Directions to 874 E Aurora Road, Macedonia, OH 44056

Home seller CENTURY 21 HomeStar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 HomeStar

(440) 449-9100
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading