This exceptional retail investment opportunity presents a thriving full-service grocery store and branded gas station in Sandusky, Ohio. The property boasts a substantial 38,000 square feet, generating impressive weekly sales of $146,248, translating to annual sales of $7,605,000 and a gross profit of over $2,184,597. The center includes a comprehensive supermarket offering groceries, meat, seafood, produce, bakery, dairy, frozen foods, deli, and floral sections. Further income streams are derived from a gas station with three dispensers averaging 28,000 gallons sold monthly, lottery commissions, pull tabs, ATM fees, patronage income, and money orders. The property is located at 200 E Perkins Ave, Sandusky, OH 44870, and is offered at $2,000,000, excluding inventory (estimated $250,000-$500,000). Significant expansion potential exists through the addition of delivery and curbside pickup services, and the ample space allows for the incorporation of additional income centers. This turnkey operation presents a rare opportunity for owner-users seeking a high-performing, established business with substantial growth prospects. The property's strong financial performance and diverse revenue streams make it an attractive investment in a desirable location. Serious inquiries only
The property is located at 200 Perkins Ave Sandusky, OH.
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The asking price for this property is $2,000,000.
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200 Perkins Ave Sandusky, OH 44870
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
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These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
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Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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200 Perkins Ave Sandusky, OH 44870
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200 Perkins Ave, Sandusky, OH
Vasilios Bill Michailidis
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200 Perkins Ave, Sandusky, OH
Vasilios Bill Michailidis
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200 Perkins Ave, Sandusky, OH
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200 Perkins Ave, Sandusky, OH
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Vasilios Bill Michailidis
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