6402 Milan Rd Sandusky, OH 44870-8377
This exceptional 5,676 square foot retail building, situated on a 1.7-acre lot in Sandusky, Ohio, presents a compelling investment opportunity. Boasting 200 feet of prime frontage on US 250, this property benefits from high visibility and convenient access. The building, constructed in 1985, features a brand new roof installed in 2024, ensuring long-term structural integrity. Its strategic location offers unparalleled convenience, being just half a mile from SR 2 and less than a mile from the renowned Kalahari Waterpark Resort. The property's proximity to the Ohio Turnpike (within 5+ miles) further enhances its accessibility and appeal to a wide range of businesses. Adding to its desirability is its close proximity to the recently opened RVC Outdoor Resort, a 215-site RV park, creating a vibrant and growing local market. The asking price is $699,000, translating to $123.15 per square foot. This single-story building presents a versatile space ideal for a restaurant or storefront operation, offering significant potential for growth and return on investment. The property's ample lot size provides ample parking and potential for future expansion. This is a rare opportunity to acquire a well-located, updated commercial property in a thriving area. The Erie County location and its proximity to major roadways and tourist attractions make this a truly unique investment prospect.
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
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.