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Property profile & analytics
OFF-MARKET
Banks

142 2nd St Port Clinton, OH 43452-1115

2,736 SF 0.18 ac lot Built 1969
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-1691390
Property summary
AI-generated overview

This exceptional retail opportunity presents a 2,750 square foot freestanding building situated on a 0.41-acre lot in the vibrant city of Port Clinton, Ohio. Previously a bank, this adaptable space offers significant potential for a variety of commercial uses. Located at 142 E 2nd St, the property benefits from high visibility and convenient access. The asking price is $300,000. Port Clinton's strategic location within Ottawa County places it within the Toledo-Port Clinton, OH Combined Statistical Area, boasting a population of 646,600 residents. Its proximity to major attractions like Sandusky (16 miles northwest) and Toledo (34 miles southeast) ensures a robust customer base. Furthermore, its position within the Shores & Islands Ohio tourism area, near popular destinations such as Cedar Point and Put-In-Bay, presents unique advantages for businesses catering to tourists and seasonal visitors. The ample 0.41-acre lot provides substantial parking, enhancing the property's appeal and functionality. This turnkey property is ready for immediate occupancy and presents a compelling investment opportunity in a thriving Ohio community. The building's previous use as a bank suggests a solid foundation and potentially desirable structural features. This is a rare chance to acquire a well-located, versatile commercial property in a high-traffic area with strong growth potential.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1969
Construction BRICK
Total area 2,736 SF
Lot 0.18 ac (7,656 SF)
APN 021-17136-23108-000
UPID US66-1691390
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • U.S. Bank-Mortgage Loan Officer-Cheryl Carter Loan Service Bank
  • US Bank Mortgage Loan Service Bank
  • U.S. Bank Branch Bank Loan Service
  • U.S. Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jeff Morgan Realty Group LLC · 1 yrs held
Jeff Morgan Realty Group LLC
since 2025
1 recorded transaction
2025
$260,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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