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    246 Market St Sandusky, OH 44870

    For Lease
    $14 SF/Yr ($7,427 /Mo)

    Downtown Bowling Green Office Space Available

    Lot size:
    6,366 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Schmidt Building offers exceptional executive office space in the heart of Bowling Green, Ohio. This prime retail and office location boasts a total of 6,366 square feet, currently entirely vacant and available for lease. Three individual spaces are available, ranging from 2,069 to 2,187 contiguous square feet, providing flexibility for businesses of various sizes. The building's strategic location offers unparalleled accessibility and visibility. Situated directly adjacent to the BGSU/Falcon Point Lofts Apartments, it benefits from high foot traffic and proximity to a dense residential population. Furthermore, its location just one block from the Marketplace Downtown and Hogrefe Building, and two blocks from Jackson St. Pier, ensures maximum exposure to both residents and visitors. This undeveloped space presents a unique opportunity to establish a thriving business in a vibrant and rapidly growing area. The building's layout allows for customization to meet specific tenant needs, making it an ideal location for a variety of businesses seeking a prominent downtown presence. The entire 6,366 square feet is available for lease, offering the potential for a single large tenant or multiple smaller businesses. This is a rare opportunity to secure a highly desirable location in a thriving downtown environment.

    Property Features for 246 Market St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,366 SF
    Total Rate
    7427

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    2,187 SF
    Rate per SF
    $14
    Space
    Available Space 1
    Size
    2,110 SF
    Rate per SF
    $14
    Space
    Available Space 2
    Size
    2,069 SF
    Rate per SF
    $14

    HighLights

    • The Schmidt Building: 6,366 SF retail/office building with multiple tenancies available.
    • Fully vacant, 6,366 SF of space ready for immediate occupancy.
    • Divisible suites ranging from 2,069 SF to 2,187 SF maximum contiguous space.
    • Prime downtown location adjacent to BGSU/Falcon Point Lofts, one block from the Marketplace and Hogrefe Building, and two blocks from Jackson St. Pier.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Schmidt Apartments Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandusky
    County
    Erie
    State
    Ohio
    Longitude
    -82.7089529
    Latitude
    41.456666

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Bowling Green Office Space Available
    Where is this office property / space located?
    The property is located at 246 Market St Sandusky, OH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: The Schmidt Building: 6,366 SF retail/office building with multiple tenancies available.; Fully vacant, 6,366 SF of space ready for immediate occupancy.; Divisible suites ranging from 2,069 SF to 2,187 SF maximum contiguous space.
    Request Owner's contact information
    246 Market St 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
    246 Market St Sandusky, OH 44870
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