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Freestanding NNN Retail Property

317 E Washington Street, Sandusky, OH 44870

For Sale
New
$1,700,000

Commercial Sale, Sandusky, OH

Property Size11,252 SF
Lot Size0.55 Acres
Price / SF$151.08
Days on Market2

Property Features for 317 E Washington Street

General Information

Property type Residential
Property subtype Retail
Zoning description Retail
Parking 23
Standard status Active
APN 56-00731-000
Lot size 0.55 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10699

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1946
Floors in Building 1
Buildings 1
Listing Agency: Ohio Broker Direct, LLC
Listed By: Joan Elflein · License OH #386319
Added: Nov 10 Last Checked: Nov 11 at 9:06AM
MLS# 226042580

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This single-story retail property, built in 1946, occupies approximately 0.55 acres and is leased to Dollar General for its DG Market operation. A recent renovation included replacement mechanical, electrical and plumbing systems, a new parking lot, 600-amp electrical service and a membrane roof carrying a 10-year warranty. The lease has a 10-year term, a full corporate guaranty and three five-year renewal options, each with a 10% rent increase. The tenant pays property taxes, insurance and base rent; the landlord’s primary duties are lawn care and snow removal.

The property has 23 parking spaces and 143 feet of frontage on Washington Street in downtown Sandusky. It is two blocks from Lake Erie and approximately eight minutes from Cedar Point. The site is in an Opportunity Zone and is zoned DBD (Downtown Business District).

Key Highlights

  • Dollar General (DG Market) lease has a 10‑year term and full corporate guaranty
  • Three five‑year renewal options, each with a 10% rent increase
  • Renovation added new MEP systems, parking lot, 600‑amp service and a membrane roof with a 10‑year warranty

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Groceries 24% Dining 11%
Circle K Shops & Services
13,690 visits/mo 0.2 miles
Save-A-Lot Groceries
5,951 visits/mo 0.0 miles
East of Chicago Pizza Dining
2,818 visits/mo 0.2 miles
Huntington Bank Shops & Services
2,221 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Dollar General occupies the renovated building under a corporate-guaranteed lease with renewal options.
Where is this nnn property located?
The property is located at 317 E Washington Street Sandusky, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Dollar General (DG Market) lease has a 10‑year term and full corporate guaranty; Three five‑year renewal options, each with a 10% rent increase; Renovation added new MEP systems, parking lot, 600‑amp service and a membrane roof with a 10‑year warranty
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