1634 Milan RdSandusky, OH 44870

Property Details for 1634 Milan Rd

Year built

1967

Lot size

0.21 AC

Property size (Sq ft)

1,260 SF

Property type

Medical offices

Property subtype

Medical centers

APN

57-00482-000

APU

5700482000

Description

This exceptional 1,260 square foot freestanding commercial building at 1634 Milan Road in Sandusky, Ohio, presents a unique leasing opportunity. Situated on a 0.21-acre lot, this single-story structure offers a versatile space previously occupied by a dental practice and a tattoo shop, demonstrating its adaptability to a wide range of commercial uses. The property's General Business zoning allows for considerable flexibility in tenant operations. The building is available for immediate lease, with the landlord seeking a two or three-year lease commitment. This presents a significant advantage for businesses seeking a stable and predictable occupancy period. A key benefit for prospective tenants is the current owner's willingness to assist qualified applicants with rehabilitation and renovation of the space, making it an attractive option for businesses requiring specific modifications to suit their needs. The building's convenient location in Sandusky offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a strong presence in the local market. Interested parties are encouraged to inquire promptly to secure this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $226,674

  6.5%

  $209,237

  7%

  $194,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $117,860

  Geo Method

  $117,860

• Alternative Use

  Use

  Valuation

  Residential

  $259,454

  Hospitality

  $237,659

  Educational

  $197,729

  Medical

  $204,530

  Retail

  $307,579

Location Insight

City

Sandusky

County

Erie

State

Ohio

Latitude

41.4428

Longitude

-82.6976

CBSA code

41780

CBSA name

SANDUSKY, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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