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Property profile & analytics
OFF-MARKET
Turn key restaurants

533 Perkins Ave Sandusky, OH 44870-4910

5,010 SF 0.34 ac lot Built 1951
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US66-1768511
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Total area 5,010 SF
Lot 0.34 ac (14,810 SF)
APN 57-00192-000
UPID US66-1768511
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
  • Twisted 3 Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
OP76 ENTERPRISES INC
OP76 ENTERPRISES INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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