Masonry Retail Store with
423 W Perkins Avenue Sandusky, Sandusky, OH 44870
New
Well-equipped retail meat counter and store within a masonry building with multiple off-street parking spaces.
Property size:
2,250 SFPrice / SF:
$277/SF- Added:
- Jul 6, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 7 at 2:29 am
Property Features for 423 W Perkins Avenue Sandusky
General Information
- Standard status
- Active
- Size
- 2,250 SF
Building Details
- Year Built
- 1960
Listing office (614) 660-5959
Listing date Jul 6, 2026
Source Movenowohio
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sinath Johnson
HighLights
- Over 2,200 SF masonry retail building on Perkins Ave in Sandusky
- Well‑equipped for a retail meat counter/store: equipment, fixtures, furniture, coolers, freezers, and signage included (inventory sold separately)
- Newer roof and newer furnace; block/brick exterior construction with low‑maintenance building
- 14 off‑street parking spaces plus frontage on two streets
- Lot size 0.1120 acres with dimensions 37.94 x 130.25
- Utilities and services include electricity on and public water
Overview
This sale includes the real estate along with the business’s equipment and improvements used for a retail meat counter and store. Included are equipment, fixtures, furniture, coolers, freezers, and signage, while inventory is sold separately and will be adjusted at closing. The property is described as a low-maintenance masonry building with a newer roof and a newer furnace.
Located at 423 W Perkins Avenue in Sandusky, the building is offered as a convenient retail setup on a main avenue. The site includes 14 off-street parking spaces, supporting customer access for in-person shopping.
For buyers or operators seeking a ready-to-run retail format, the included coolers, freezers, and signage reduce the need to source key components for a meat-focused counter service. The combination of a masonry retail shell and dedicated parking can also be useful for tenants looking for a straightforward, service-oriented storefront layout. The inventory treatment at closing should be factored into the purchase plan, since it is handled separately from the included assets and will be reconciled at closing.
Located at 423 W Perkins Avenue in Sandusky, the building is offered as a convenient retail setup on a main avenue. The site includes 14 off-street parking spaces, supporting customer access for in-person shopping.
For buyers or operators seeking a ready-to-run retail format, the included coolers, freezers, and signage reduce the need to source key components for a meat-focused counter service. The combination of a masonry retail shell and dedicated parking can also be useful for tenants looking for a straightforward, service-oriented storefront layout. The inventory treatment at closing should be factored into the purchase plan, since it is handled separately from the included assets and will be reconciled at closing.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.8k | $27.00 |
| − Vacancy | −$2.6k | −$1.13 |
| EGI | $58.2k | $25.87 |
| − OpEx | −$17.5k | −$7.76 |
| NOI | $40.7k | $18.11 |
2,250 SF · lease $27.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$582.0K
$509.2K – $679.0K
NOI $40,739 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$24.76M
$21.67M – $28.89M
NOI $1,733,271 @ 7.0% cap · market cap 277.32%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Sandusky
- County
- Erie
- State
- Ohio
- Longitude
- -82.7064538
- Latitude
- 41.4330665
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Well-equipped retail meat counter and store within a masonry building with multiple off-street parking spaces.
Where is this retail space located?
The property is located at 423 W Perkins Avenue Sandusky Sandusky, OH.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Over 2,200 SF masonry retail building on Perkins Ave in Sandusky; Well‑equipped for a retail meat counter/store: equipment, fixtures, furniture, coolers, freezers, and signage included (inventory sold separately); Newer roof and newer furnace; block/brick exterior construction with low‑maintenance building
