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Freestanding Restaurant Building

4016 Milan Rd, Sandusky, OH 44870

For Sale
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The second-generation restaurant sits among retail, dining, lodging, and entertainment uses in Sandusky’s retail corridor.

Property Size7,891 SF
Lot Size1.60 Acres
Days on Market57

Property Features for 4016 Milan Rd

General Information

Standard status Active
Size 7,891 SF
Lot size 1.60 Acres
Property subtype RETAIL

Building Details

Buildings 1
Listing Agency: Colliers | Cleveland
Listed By: Chris Seelig, CCIM · License OH SAL.0000442020
Source: Moodyscre
Added: Sep 18 Changed: Nov 10 Last Checked: Nov 12 at 10:44AM

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 Colliers | Cleveland

Rey
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Investment Insights

Based on property information with market context.

A freestanding, second-generation restaurant building contains 7,891 square feet and occupies a 1.6-acre site. Surface parking serves the property, and pylon signage is available on Milan Road.

The property is in Sandusky’s retail corridor, amid national and regional retailers, restaurants, hotels, and entertainment destinations. Nearby attractions include Cedar Point, Kalahari Resorts, Great Wolf Lodge, African Safari Wildlife Park, and the Lake Erie islands.

Key Highlights

  • 7,891‑square‑foot freestanding restaurant building
  • 1.6‑acre site with surface parking
  • Pylon signage available on Milan Road

Property Analytics

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

Current Use

Skyline Chili Restaurant Red Lobster - Sandusky, ... Restaurant

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Building Supply Parking Lot & Garage Storage Facility

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

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby
140k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Apparel 41% Leisure 15%
T.J. Maxx Apparel
38,043 visits/mo 0.3 miles
Hobby Lobby Shops & Services
32,929 visits/mo 0.4 miles
Five Below Shops & Services
29,023 visits/mo 0.4 miles
Cinemark Sandusky Mall Leisure
21,165 visits/mo 0.3 miles
JCPenney Apparel
19,170 visits/mo 0.2 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
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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?
Conventional restaurant - The second-generation restaurant sits among retail, dining, lodging, and entertainment uses in Sandusky’s retail corridor.
Where is this conventional restaurant located?
The property is located at 4016 Milan Rd Sandusky, OH.
What are key features of this property?
This property features: 7,891‑square‑foot freestanding restaurant building; 1.6‑acre site with surface parking; Pylon signage available on Milan Road
(216) 272-7005 · Office Call to check price and availability
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