Multifamily Investment
For Sale
$375,000
701 Hancock Street Sandusky, Sandusky, OH 44870
Multifamily building with recent exterior improvements and an upstairs area gutted and ready for redevelopment.
Property Size8,400 SF
Price / SF$44.64
Days on Market46
Property Features for 701 Hancock Street Sandusky
General Information
Standard status
Active
Size
8,400 SF
Total Parking Spaces
10
Zoning
Other
Amenities
OFF
No
Public
10.00
0.0970
3865979.38
Other
Building Details
Year Built
1920
Year Renovated
2022
Listing Agency:
(614) 660-5959
Listed By:
Joe Herban
(614) 660-5959
Source:
Movenowohio
Added: Jul 7
Changed: Aug 14
Last Checked: Aug 21 at 4:10AM
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 Joe Herban
Investment Insights
Based on property information with market context.
This multifamily investment property features updated exterior components, including new siding, a new roof, and upstairs windows installed in 2022. The upstairs has been gutted and is ready for redevelopment, with plans identified for five units. The property is offered as-is.
The building is located on Hancock Street in Sandusky and described as being in the heart of the city, near downtown and in a high-traffic area. Off-street parking is available on-site, and the listing includes three parcels (57-02259.000, 57-02260.000, 57-02261.000).
The property is presented as a flexible income opportunity, with the listing noting that both long-term and transient rentals are permitted. Interested parties are encouraged to perform their own due diligence regarding redevelopment plans and use requirements.
The building is located on Hancock Street in Sandusky and described as being in the heart of the city, near downtown and in a high-traffic area. Off-street parking is available on-site, and the listing includes three parcels (57-02259.000, 57-02260.000, 57-02261.000).
The property is presented as a flexible income opportunity, with the listing noting that both long-term and transient rentals are permitted. Interested parties are encouraged to perform their own due diligence regarding redevelopment plans and use requirements.
Key Highlights
- Commercial building with 8,400+ sqft and an upstairs area gutted and ready for redevelopment (5 units).
- Recent exterior improvements include new siding, roof, and upstairs windows (2022).
- Public water service and total off‑street parking for 10 vehicles.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 44870, OH
40,416
Population
19,991
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
90%
High-School Grad
60.7 sq mi
ZIP Area
666
Density / Sq Mi
$58,797
Median Household Income
$36,056
Median Earnings
$863
Median Rent
$148,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily building with recent exterior improvements and an upstairs area gutted and ready for redevelopment.
Where is this apartment building located?
The property is located at 701 Hancock Street Sandusky Sandusky, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial building with 8,400+ sqft and an upstairs area gutted and ready for redevelopment (5 units).; Recent exterior improvements include new siding, roof, and upstairs windows (2022).; Public water service and total off‑street parking for 10 vehicles.
