3911 Venice Rd Sandusky, OH 44870-8115
This exceptional 17,000-square-foot commercial property in Sandusky, Ohio, presents a unique investment opportunity. Situated on a generous 4.55-acre lot (197,326.8 sq ft) at 3911 Venice Rd, 44870, this single-story, 1998-built building offers a versatile blend of office and flex/warehouse space, ideal for a variety of businesses. The flexible layout includes approximately 8,000 square feet of clean, heated warehouse space featuring 14-24 foot ceilings, a loading dock, a drive-in dock, and a load-bearing mezzanine. A utility/shower room adds to the warehouse's functionality. The approximately 9,000 square feet of office/retail space boasts six private offices (including a manager's office), a large showroom/conference room, multiple sales/call rooms, restrooms, break rooms, and a climate-controlled server room. The property also includes a complete sprinkler system, LED and halogen lighting, and a convenient on-site trash compactor. Ample parking is provided with 50+ spaces. The property benefits from a 300-foot frontage and is zoned for Local Manufacturing (LM), offering significant expansion potential. Annual property taxes are $1.03 per square foot. This versatile property is ready for immediate occupancy.
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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
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Property description
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Risks
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