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    6402 Milan Rd Sandusky, OH 44870

    Sponsored
    For Sale
    $699,000

    Sandusky Restaurant/Storefront

    Property size:
    5,676 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,676 square foot retail building, situated on a 1.7-acre lot in Sandusky, Ohio, presents a compelling investment opportunity. Boasting 200 feet of prime frontage on US 250, this property benefits from high visibility and convenient access. The building, constructed in 1985, features a brand new roof installed in 2024, ensuring long-term structural integrity. Its strategic location offers unparalleled convenience, being just half a mile from SR 2 and less than a mile from the renowned Kalahari Waterpark Resort. The property's proximity to the Ohio Turnpike (within 5+ miles) further enhances its accessibility and appeal to a wide range of businesses. Adding to its desirability is its close proximity to the recently opened RVC Outdoor Resort, a 215-site RV park, creating a vibrant and growing local market. The asking price is $699,000, translating to $123.15 per square foot. This single-story building presents a versatile space ideal for a restaurant or storefront operation, offering significant potential for growth and return on investment. The property's ample lot size provides ample parking and potential for future expansion. This is a rare opportunity to acquire a well-located, updated commercial property in a thriving area. The Erie County location and its proximity to major roadways and tourist attractions make this a truly unique investment prospect.

    Property Features for 6402 Milan Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,676 SF
    Lot Size
    74,052 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    HighLights

    • 5,676 SF retail building on 1.7‑acre lot.
    • New roof installed in 2024.
    • 200 feet of frontage on US Highway 250.
    • Half‑mile proximity to State Route 2.
    • Less than one mile from Kalahari Resorts & Conventions.
    • Quarter‑mile proximity to RVC Outdoor Resort (approx. 215‑site RV park, opened 2024).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandusky
    County
    Erie
    State
    Ohio
    Longitude
    -82.650481306313
    Latitude
    41.393084922281

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    FAQs

    What type of property is this?
    Individual retail property - Sandusky Restaurant/Storefront
    Where is this individual retail property located?
    The property is located at 6402 Milan Rd Sandusky, OH.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 5,676 SF retail building on 1.7-acre lot.; New roof installed in 2024.; 200 feet of frontage on US Highway 250.
    Request Owner's contact information
    6402 Milan Rd Sandusky, OH 44870
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    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. 

    Disclaimer

    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.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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.

    More about this property
    6402 Milan Rd Sandusky, OH 44870
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