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Property profile & analytics
FOR LEASE
Turn key restaurants

3321 Milan Rd Sandusky, OH 44870

4,007 SF 0.87 ac lot Built 1976
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-0169970
Property summary
AI-generated overview

This exceptional 4,228-square-foot retail or restaurant space is available for lease at 3321 Milan Road in Sandusky, Ohio. Located in Erie County, this single-tenant property sits on a sizable 0.87-acre lot, offering ample space and visibility. The entire building is currently vacant, presenting a unique opportunity for a business seeking a move-in ready location. The property's classification as both retail and restaurant suitable makes it ideal for a diverse range of commercial ventures. Its strategic location on Milan Road in Sandusky ensures high traffic volume and excellent exposure to potential customers. The property's size and layout offer flexibility for various business configurations, allowing for customization to meet specific operational needs. This is a prime opportunity for a business seeking a prominent location in a thriving community. The property is ready for immediate occupancy, eliminating the need for extensive renovations or build-outs. Interested parties are encouraged to inquire for further details and lease terms. The property's address is 3321 Milan Road, Sandusky, OH 44870. The zip code is 44870.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Total area 4,007 SF
Lot 0.87 ac (37,897 SF)
APN 32-03676-000
UPID US66-0169970
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
  • Denny's Restaurant
  • Mekong Authentic Vietnamese Cuisine - Sandusky Restaurant
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
Sandusky Ama Realty Ventures L · 5 yrs held
Sandusky Ama Realty Ventures L
since 2020
Last sale
$86,750
4 recorded transactions
2020
Price N/A
2018
$86,750
2014
Price N/A
2007
$366,166
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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