533 Perkins Ave Sandusky, OH 44870-4910
This 1,208 square foot, single-story building at 533 E Perkins Ave in Sandusky, Ohio, presents a unique investment opportunity. Currently vacant, this property offers immense potential for conversion into various commercial uses, including office space, retail, or a combination thereof. Situated on a 0.238-acre lot, the building boasts a convenient location on Perkins Ave, near Milan Rd/SR 250, a high-traffic area exceeding 15,000 vehicles daily. Built in 1910, the structure features 100 amps of electrical service and a total of eight parking spaces. The property's General Business zoning allows for flexibility, including short-term rentals. A second lot offers potential for additional parking, and a rear alley provides possibilities for a drive-thru. The property's proximity to established businesses like Mathews Ford, Big Lots, Kroger, and Firelands Medical Center, along with numerous food options, ensures high visibility and accessibility. The asking price is $229,500. This versatile property offers many possibilities for the discerning investor. The APN is 57-05319.000 and the zip code is 44870.
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Twisted 3 Restaurant
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
No recorded transactions found for this property.
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.