1702 Campbell StSandusky, OH 44870

  • Commercial real estate
  • 22,976 SF
For Sale
$1,200,000 View listing

Property Details for 1702 Campbell St

Year built
1908
Lot size
1.47 AC
Property size (Sq ft)
22,976 SF
Property type
Commercial real estate
APN
57-03990-000
APU
5703990000

Description

This exceptional 33,518 sq ft commercial property in Sandusky, OH, presents a unique investment chance. Originally built in 1906 as a winery and operating for over 80 years, the Meier Winery building sits on a 1.47-acre lot. Recently undergoing a two-year redevelopment for mixed commercial use, including a condo project, this property is ready for an investor to capitalize on its potential. Significant improvements have already been completed, including complete site clearing, removal of old inventory and roofing (main building and power plant), tuckpointing of the upper six feet of exterior walls, installation of a new roof (main building and power plant), a new transformer, and new water service for both potable water and a sprinkler system. Underground conduit for low voltage is also in place. The demolition of the old freight elevator and internal stairwell has been completed. An adjacent parcel has been acquired to provide ample parking. A complete survey is included in the sale. This turnkey opportunity combines historical significance with modern infrastructure, making it an ideal investment for a discerning buyer. The building and all land are included in the $1,200,000 asking price. This is a rare chance to own a piece of Sandusky's rich history and shape its future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,731,131
    Hospitality
    $4,333,690
    Educational
    $3,605,580
    Medical
    $3,729,581
    Retail
    $5,608,680

Location Insight

City
Sandusky
County
Erie
State
Ohio
Latitude
41.4395
Longitude
-82.7048
CBSA code
41780
CBSA name
SANDUSKY, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,655
$20,580
$3,727
$24,307
-
$58,800
$10,650
$69,450

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