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Property profile & analytics
OFF-MARKET
Individual retail properties

534 Fulton St Sandusky, OH 44870-2346

2,487 SF 0.08 ac lot Built 1945
Individually Owned 28-yr Hold ~ Est. High Equity
Property ID
US66-2183502
Property summary
AI-generated overview

This exceptional mixed-use property at 534 Fulton St, Sandusky, OH 44870, presents a compelling investment opportunity. The 2,648 square foot building, constructed in 1945, sits on a 0.08-acre lot (APN 5900132000) and boasts a prime location across from Miami Park at a busy six-point intersection, ensuring high visibility. The property features a ground floor retail space, previously a beauty salon, offering ample open area, a separate bathroom, and a laundry room equipped with gas heat and central air. Upstairs, two residential apartments provide additional income streams. A one-bedroom unit currently leases for $650 per month, while the two-bedroom unit has a rental potential of $900 per month. Both apartments benefit from recently updated stairs and decks, and each unit has individual utility meters. The building also includes a basement offering valuable storage space. The property is currently 33% occupied, with a total of three units. The asking price is $160,000, translating to $60.42 per square foot. This mixed-use building offers a unique blend of commercial and residential income potential in a vibrant urban setting. The property's strategic location and versatile layout make it an ideal investment for both seasoned and aspiring entrepreneurs.

Property profile
Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1945
Total area 2,487 SF
Lot 0.08 ac (3,267 SF)
APN 59-00132-000
UPID US66-2183502
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
James O Mcdonald · 28 yrs held
James O Mcdonald
since 1998
1 recorded transaction
1998
$64,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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