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    235 Shoreline Dr Sandusky, OH 44870

    Sponsored
    For Sale
    $2,990,000

    Prime Sandusky location, high tourism, investment opportunity.

    Property size:
    6,246 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 6,246 square foot storefront at 235 E Shoreline Dr, Sandusky, OH 44870, is situated on a 0.38-acre lot and is priced at $2,990,000 ($478.71/sq ft). The property benefits from its prime location along Sandusky's picturesque shoreline, offering unparalleled visibility and accessibility to boating enthusiasts and recreational visitors. Sandusky's vibrant boating culture and substantial annual tourism influx, fueled by significant investments in the city and the presence of Cedar Point amusement park (drawing millions of visitors yearly), create high demand for waterfront activities and entertainment. The area boasts convenient amenities for patrons, including nearby grocery stores, pharmacies, and dining options. This storefront is adjacent to downtown Sandusky's Designated Outdoor Refreshment Area (DORA), further enhancing its appeal. The property presents a unique investment opportunity with recent infrastructure improvements, including new concrete, making it an attractive asset in a region experiencing increasing tourism. The Shores & Islands region saw $2,688,000,000 spent on tourism in 2021, a 17% increase since 2019, with 12 million visits that year. This storefront offers significant growth potential for those seeking to capitalize on Sandusky's thriving waterfront scene.

    Property Features for 235 Shoreline Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,246 SF
    Lot Size
    16,553 SF

    HighLights

    • High‑traffic location in Sandusky, OH.
    • Strong annual tourism driven by nearby Cedar Point and other attractions.
    • Proximity to waterfront entertainment and Sandusky's DORA.
    • 6,246 SF storefront on a 0.38‑acre lot, asking $2,990,000 ($478.71/SF).
    • Excellent investment opportunity with potential for future growth.
    • Convenient amenities for patrons.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.7098857
    Latitude
    41.4590275

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    FAQs

    What type of property is this?
    Individual retail property - Prime Sandusky location, high tourism, investment opportunity.
    Where is this individual retail property located?
    The property is located at 235 Shoreline Dr Sandusky, OH.
    What is the asking price?
    The asking price for this property is $2,990,000.
    What are key features of this property?
    This property features: High-traffic location in Sandusky, OH.; Strong annual tourism driven by nearby Cedar Point and other attractions.; Proximity to waterfront entertainment and Sandusky's DORA.
    Request Owner's contact information
    235 Shoreline Dr 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
    235 Shoreline Dr Sandusky, OH 44870
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