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    21 Sanilac Rd Sandusky, MI 48471

    Sponsored
    For Sale
    $495,000

    Downtown Sandusky retail center, high traffic location.

    Property size:
    10,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a prime retail property situated in the heart of downtown Sandusky, Michigan, within the Thumb region. Conveniently located at the intersection of M-46 and M-19, near the County Courthouse, this property boasts high visibility and accessibility. The offering includes five parcels totaling 38,400 square feet. The main structure comprises 10,314 square feet of net rentable space, previously utilized for retail purposes. A second building, a 1,440-square-foot, two-story cement block structure with two roll-up garage doors, adds versatility. Built in 1900, the main building features a DuraLast roof installed in 2009, ensuring long-term durability. This property presents a unique chance for either redevelopment or owner-occupancy, capitalizing on its strategic location and substantial square footage. The asking price is $495,000, translating to $47.99 per square foot. The property consists of two buildings across two stories, offering a combined 11,754 square feet of space. This is an ideal opportunity for a savvy investor seeking a strong return in a thriving Michigan community.

    Property Features for 21 Sanilac Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    10,314 SF

    Building Details

    Year Built
    1900
    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • $495,000 asking price for this retail shopping center.
    • 10,314 square feet of net rentable space.
    • $47.99 price per square foot.
    • Two buildings on a 38,400 square foot lot, totaling 10,314 square feet of retail space.
    • Two units, situated in downtown Sandusky, Michigan, at the corner of M‑46 and M‑19.
    • Built in 1900, with a DuraLast roof installed in 2009.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sheldon Medical Supply Medical Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandusky
    County
    Sanilac
    State
    Michigan
    Longitude
    -82.829493800875
    Latitude
    43.421270844481

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    Nearby Similar for Sale

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      Downtown Sandusky Retail Opportunity

      Retail property in downtown Sandusky near the County Court House.
      21 E Sanilac Ave, Sandusky, MI
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    • $949,900
      20,300 SF

      Sandusky Multi-Business Opportunity

      Established Restaurant, Bar & Bowling Alley
      100 Kristian St, Sandusky, MI 48471
      View Details
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      4 Sanilac Rd, Sandusky, MI 48471

      Industrial properties • 6,500 SF
      4 Sanilac Rd, Sandusky, MI 48471
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      39 Kristian St, Sandusky, MI 48471

      Industrial properties • 13,068 SF
      39 Kristian St, Sandusky, MI 48471
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    FAQs

    What type of property is this?
    Lifestyle center - Downtown Sandusky retail center, high traffic location.
    Where is this lifestyle center located?
    The property is located at 21 Sanilac Rd Sandusky, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price for this retail shopping center.; 10,314 square feet of net rentable space.; $47.99 price per square foot.
    Request Owner's contact information
    21 Sanilac Rd Sandusky, MI 48471
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    Sandusky, MI 48471
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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
    21 Sanilac Rd Sandusky, MI 48471
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