419 W Market St - Light Distribution FOR SALE


Sandusky, OH 44870
$950,000 USD
419-680-6390
419 W Market St, Sandusky, OH for Sale
$950,000 USD
Light Distribution - FOR SALE
1/47
null | Request Cap Rate

419 W Market St
Sandusky, OH 44870


HIGHLIGHTS

  • Rare Downtown Redevelopment Opportunity: Prime site located in the heart of downtown Sandusky, offering exceptional potential for redevelopment.
  • Flexible Zoning: Permits a wide range of uses, including retail, office, residential, transient rentals, light industrial, bar or brewery concepts
  • Excellent Connectivity: The subject property offers convenient highway access of State Route 2 just 4 miles away
  • Supportive Growth Environment: Sandusky is actively investing in downtown revitalization through infrastructure upgrades and enhanced public amenities

OVERVIEW

Located in the heart of downtown Sandusky just steps from Lake Erie, this approximately 35,000 square foot commercial offering presents a rare large-scale opportunity in a thriving lakefront community. The property consists of four parcels, including three combined buildings and a private parking lot - an increasingly valuable amenity in the downtown area. Positioned on a prominent corner within walking distance to restaurants, retail, and waterfront attractions, the location offers both immediate functionality and long-term redevelopment upside. Currently occupied by Goodwill, the building includes approximately 9,000 square feet of office space and the balance dedicated to warehouse operations. The first floor features 14 private offices while an elevator provides access to the second floor with a large conference room, and a cubicle bullpen area, and three additional private offices. The warehouse is equipped with one loading dock and three overhead drive-in doors, supporting distribution, light industrial, storage, or service-related uses. Flexible zoning allows for retail, office, residential, transient rentals, light industrial, bar or brewery concepts, and potential mixed-use redevelopment. State Route 2 access is approximately four miles away, providing convenient regional connectivity. With its scale, corner presence, parking, and proximity to Lake Erie, this property represents a compelling downtown investment and redevelopment opportunity.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FOR SALE: REDEVELOPMENT OPPORTUNITY

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

12 Ft

DOCKS

1

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79

LAND SF

34,412

ZONING

GB

APN/PARCEL ID

56-68041-000,56-68042-000,56-68043-000,56-68058-000

ASK ABOUT THIS PROPERTY

Steve LehmannTruth First RealtyMore Info
419-680-6390

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Steve LehmannTruth First RealtyMore Info
419-680-6390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.