129 Perkins Ave Sandusky, OH 44870-4802
This exceptional retail opportunity presents a former PNC Bank branch located at 129 W Perkins Ave, Sandusky, OH 44870. The property boasts a substantial 6,540 square feet of space, complemented by a full basement, all situated on approximately 0.79 acres of land. Ample parking is available with 36 spaces to accommodate customers and staff. The location benefits from exceptional visibility and high traffic volume, exceeding 21,000 vehicles daily. The surrounding area demonstrates strong demographics, with over 39,000 people residing within a 5-mile radius and an average household income exceeding $69,000. Furthermore, a robust daytime population of over 15,210 employees is located within a 5-minute drive, providing a substantial potential customer base. The asking price for this turnkey property is $550,000, translating to $84.10 per square foot. This presents a unique chance to acquire a well-positioned retail space in a thriving Ohio community. The property's size, location, and strong surrounding demographics make it an ideal investment for a variety of retail uses.
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PNC Bank Bank Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.