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    174 Market St Sandusky, OH 44870

    • Retail space
    • 24,224 SF
    • 0.19 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $605,000
    Location Intelligence
    Property ID
    US66-0956817
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 174 Market St

    Year built
    1920
    Lot size
    0.19 lot acres
    Property size
    24,224 SF
    Property type
    Retail space
    APN
    56-00920-000
    APU
    5600920000

    Description

    The Lea Building offers a unique 1450 square foot executive office suite in a vibrant downtown Sandusky location. This single available space boasts a beautiful historic and urban feel, ideal for retail or office use. Benefit from exceptional foot traffic, situated just one block from Jackson Street Pier and directly across from the Marketplace Downtown and The Hogrefe Building. Enjoy the advantages of a thriving community; Sandusky was named "Best Coastal Town in America" in 2019, 2023, and 2024, further enhanced by the recent Iron Man events held in 2022, 2023, and 2024. Cedar Point, a major tourist attraction, is conveniently located just 3.7 miles away, ensuring a consistent flow of potential customers. This property presents a rare opportunity to establish a presence in a high-traffic, desirable area with significant tourism appeal. The building's multiple tenancy structure offers a diverse and dynamic environment. The space is ready for immediate occupancy. Inquire today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sandusky
    County
    Erie
    State
    Ohio
    Longitude
    -82.7102
    Latitude
    41.4564
    CBSA code
    41780
    CBSA name
    SANDUSKY, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,258
    $8,204
    $612,605
    $620,809
    -
    $23,440
    $1,750,300
    $1,773,740

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      231 Market St

      RETAIL STORES (PERSONAL SERVICES) • 1,945 SF
      231 Market St, Sandusky, OH 44870-2512
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      536 Adams St

      RETAIL STORES (PERSONAL SERVICES) • 3,456 SF
      536 Adams St, Sandusky, OH 44870-2908
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      1,720 SF

      807 Perkins Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,720 SF
      807 Perkins Ave, Sandusky, OH 44870-5021
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    • Value Estimation by Request
      1,426 SF

      1431 Hayes Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,426 SF
      1431 Hayes Ave, Sandusky, OH 44870-3305
      View Details
    • Value Estimation
      $505,000
      7,323 SF

      126 Columbus Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,323 SF
      126 Columbus Ave, Sandusky, OH 44870-2502
      View Details

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    174 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
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