Industrial Property with Multiple Bay
2110 George Street Sandusky Sandusky, OH 44870
2110 George Street Sandusky, Sandusky, OH, 44870
$990,000
For Sale
$990,000
Industrial building includes multiple bay doors, open workspace, and newly renovated office space for administrative use.
Property Size20,808 SF
Price / SF$47.58
Days on Market16
Property Features for 2110 George Street Sandusky
General Information
- Standard status
- Active
- Size
- 20,808 SF
Building Details
- Year Built
- 1967
Listing agency
(614) 660-5959
Listed by
Sinath Johnson
(614) 660-5959
Source
Movenowohio
Added: Jul 6 Updated: Jul 20 at 6:56PM Checked: Jul 21 at 3:30AM
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
Investment Insights
Based on property information with market context.
This industrial property is designed for practical operations, featuring multiple bay doors, open workspace, and newly renovated office space. The office area provides a clean, modern environment for administrative or client-facing needs, while the flexible warehouse layout supports a range of day-to-day workflows.
The property is situated on a large lot with ample parking and easy access, supporting straightforward customer and staff arrivals. Located at 2110 George Street in Sandusky, OH, it offers a functional combination of shop/warehouse space and office improvements in a single facility.
With its operational layout, office renovations, and parking-oriented site plan, the building may appeal to owner-users seeking a ready-to-work industrial setup or investors looking to add a usable industrial asset to a portfolio.
The property is situated on a large lot with ample parking and easy access, supporting straightforward customer and staff arrivals. Located at 2110 George Street in Sandusky, OH, it offers a functional combination of shop/warehouse space and office improvements in a single facility.
With its operational layout, office renovations, and parking-oriented site plan, the building may appeal to owner-users seeking a ready-to-work industrial setup or investors looking to add a usable industrial asset to a portfolio.
Key Highlights
- Industrial building on a 2.8024‑acre lot built in 1967 with brick and vinyl siding exterior
- Multiple bay doors for loading and flexible industrial operations
- Open workspace layout for warehouse, automotive, service‑based, or light industrial use
Local Financial Insights For Industrial
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 | $133.4k | $6.41 |
| − Vacancy | −$11.2k | −$0.54 |
| EGI | $122.1k | $5.87 |
| − OpEx | −$36.6k | −$1.76 |
| NOI | $85.5k | $4.11 |
20,808 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.38M
$4.71M – $6.28M
NOI $376,754 @ 7.0% cap · market cap 38.06%
Second Best
Office B
$3.69M
$3.23M – $4.30M
NOI $258,117 @ 7.0% cap · market cap 26.07%
Theoretical Best
Multifamily LT 5
$228.99M
$200.37M – $267.15M
NOI $16,029,290 @ 7.0% cap · market cap 1,619.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kelko Products Company
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial building includes multiple bay doors, open workspace, and newly renovated office space for administrative use.
Where is this flex space located?
The property is located at 2110 George Street Sandusky Sandusky, OH.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Industrial building on a 2.8024‑acre lot built in 1967 with brick and vinyl siding exterior; Multiple bay doors for loading and flexible industrial operations; Open workspace layout for warehouse, automotive, service‑based, or light industrial use