142 2nd St Port Clinton, OH 43452-1115
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.
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U.S. Bank-Mortgage Loan Officer-Cheryl Carter Loan Service Bank
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US Bank Mortgage Loan Service Bank
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U.S. Bank Branch Bank Loan Service
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U.S. Bank ATM 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.