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Property profile & analytics
OFF-MARKET Estimated value $565,000
Retail space

333 Market St Sandusky, OH 44870-2411

7,380 SF 0.13 ac lot Built 1842
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-1238297
Property summary
AI-generated overview

This unique mixed-use property at 333 W Market Street in Sandusky, Ohio, presents a remarkable investment opportunity. Built circa 1885 in the High Victorian style, this 6,900 square foot building boasts stunning architectural details, including decorative brackets and period windows. Its rich history includes stints as a popular saloon, and later, several hotels. Currently under renovation, the property features approved architectural plans for three luxury apartment units, each with private outdoor balconies offering breathtaking views of Sandusky Bay and Lake Erie. The lower level provides approximately 2,500 square feet of adaptable commercial space, perfect for a variety of businesses. Significant groundwork has already been completed, allowing a buyer to finalize construction and personalize the design to their vision. Situated on a 0.13-acre lot, this property offers a blend of historical charm and modern potential. The asking price is $599,000. Proof of funds is required prior to scheduling a viewing.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1842
Total area 7,380 SF
Lot 0.13 ac (5,619 SF)
APN 56-00119-000
UPID US66-1238297
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
  • MAC BUILDING & DEVELOPMENT, LLC. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$349k
Blend (final) Blend
$565k
Owner & transaction history
Optimus Development LLC · 1 yrs held
Optimus Development LLC
since 2025
Last sale
$533,000
3 recorded transactions
2025
$533,000
2019
$154,000
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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