534 Fulton StSandusky, OH 44870

For Sale
$160,000

Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • Mixed-use building totaling 2,648 square feet on a 0.08-acre lot in Sandusky, OH.
  • Prime location across from Miami Park at a busy six-way intersection.
  • Ground floor retail space (formerly a salon) with bathroom and laundry room; gas heat and central air.
  • Two residential apartments: one 1-bedroom ($650/month), one 2-bedroom ($900/month potential).
  • Recently updated stairs and decks; individual unit utility meters; basement storage.
  • Asking price: $160,000 ($60.42/SF); currently 33% occupied.

Property Details for 534 Fulton St

Property type
Other retail properties, Individual retail properties
Square Feet
2,648 SF
Year Built
1945
Buildings
1
Stories
2
Lot Size (sq. ft)
3,485 SF
Units
3

Location Insight

City
Sandusky
County
Erie
State
Ohio
Latitude
41.449856871361
Longitude
-82.71335329929
534 Fulton St, Sandusky, Ohio

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534 Fulton St
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