301 Water St Sandusky, OH 44870
- Turn key restaurants
- 12,480 SF
- 0.12 lot acres
Current Use by Public Records
- Liner Heavy Duty Towtruck LLC / Towing Equipment Provider
Property Details for 301 Water St
- Year built
- 1920
- Lot size
- 0.12 lot acres
- Property size
- 12,480 SF
- Property type
- Turn key restaurants
- APN
- 56-01147-000
- APU
- 5601147000
Description
This exceptional commercial property, located at 301 W Water Street in the vibrant city of Sandusky, Ohio, presents a compelling investment opportunity. Boasting a substantial 12,480 square feet of space, this general commercial building sits on a conveniently sized 0.12-acre lot, offering ample room for a variety of business ventures. The property's strategic location in Sandusky provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in this thriving community. The asking price of $549,900 represents a significant value for a property of this size and location. The building's versatile layout allows for customization to suit diverse business needs, providing flexibility for potential tenants or owners. Its robust construction ensures longevity and minimal maintenance requirements. This property is ready for immediate occupancy and presents a rare chance to acquire a well-situated commercial space in a desirable Ohio market. The ample square footage and prime location make this an attractive option for businesses seeking expansion or a new home base. Serious inquiries are encouraged to explore the potential of this exceptional commercial property and its significant return on investment. Don't miss this opportunity to secure a valuable asset in a growing area. Further details and viewing arrangements can be made upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $605,000
- 6.5%
- $525,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $610,000
- Geo Method
- $630,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $660,000
- Mixed-Use
- $690,000
- Hospitality
- $585,000
- Educational
- $595,000
- Residential Income
- $635,000
- Energy
- $555,000
- Income-Based Land
- $540,000
- Food Service
- $570,000
Location Insight
- Map
- Local Demand
- City
- Sandusky
- County
- Erie
- State
- Ohio
- Longitude
- -82.7144
- Latitude
- 41.4568
- CBSA code
- 41780
- CBSA name
- SANDUSKY, OH METROPOLITAN STATISTICAL AREA
