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Industrial Property with Multiple Bay Doors

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
Listed by Sinath Johnson
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.

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 (±1% cap)
NOI $376,754 @ 7.0% cap · market cap 38.06%
Second Best
Office B
$3.69M
$3.23M – $4.30M (±1% cap)
NOI $258,117 @ 7.0% cap · market cap 26.07%
Theoretical Best
Multifamily LT 5
$228.99M
$200.37M – $267.15M (±1% cap)
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

Suggested Use

Law Firm Restaurant Dental Office Pharmacy Spa & Massage Center Kitchen & Bath Showroom Plumbing Service Auto Parts Store Storage Facility Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
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