307 W Water Street
Sandusky, OH 44870

$459,900
Est. Mortgage: $2,274/mo
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Active
Multi-Family Home

Very unique opportunity. This is a nearly 8000 sq ft commercial building with panoramic views of Cedar Point, Sandusky Bay, city marina, Jackson St Pier and downtown. Just steps from ferry service to the islands and Cedar Point, restaurants and the State Theater. Underground parking garage with room for 6 cars. Excellently maintained stone exterior. Loading dock. Freight elevator with 3000lb capacity takes you from the parking garage to all 4 floors. 3 phase electric service plus separate 220v and a 3rd meter and box available. Living quarters are in place with a mostly finished 2nd apartment. Room to do 6-8 apartments or condos. Also could be a mix of retail and residential. There isn't another building downtown offering the features of this one. Blank canvas for your dream idea.

Property Details
  • Sandusky CSD
    school district
  • $993.88
    taxes
  • 20173424
    MLS#
Natural gas heat
Space heater(s)
Elevator(s)
School district: Sandusky
Attached garage
Stone exterior
Lot acreage is: 0.06
Public sewer
Public water
Tax year: 2016
Courtesy of:
Truth First Realty

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Name Type GreatSchools
Rating
Distance
Sandusky High School High School / Public 3 1.53 mi.
Sandusky Central Catholic School * Pre-School, Elementary School, Middle School, High School / Private N/A 0.42 mi.
Mills Elementary School * Elementary School / Public 3 1.47 mi.
Ontario Elementary School * Elementary School / Public 3 1.27 mi.
Osborne Elementary School * Elementary School / Public 4 1.02 mi.
Adams Junior High School * Middle School / Public 4 0.31 mi.
Address Distance Sale date Sale price
805 WAYNE ST 0.65 mi. 4/4/2017 $85,000
1407 W MADISON ST 0.68 mi. 9/22/2016 $32,500
0 SYCAMORE ST 0.83 mi. 2/24/2017 $45,000
460 A BAY BREEZE DR 1.41 mi. 10/20/2016 $120,000
1915 CLAY ST 1.43 mi. 3/1/2017 $86,000
3106 S MEMORIAL SHOREWAY DR 3.28 mi. 8/21/2017 $432,000
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{"markerType": "Sold", "lat": "41.437236", "lng": "-82.72374", "Address": "1915 CLAY ST", "City": "SANDUSKY", "StateProv": "OH", "ZipCode": "44870"}
{"markerType": "Sold", "lat": "41.502488", "lng": "-82.731474", "Address": "3106 S MEMORIAL SHOREWAY DR", "City": "LAKESIDE MARBLEHEAD", "StateProv": "OH", "ZipCode": "43440"}
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Sandusky Real Estate Market in 44870
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$124,684
Average sale price
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NMLS# 215047
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The approximate monthly principal & interest payment for this property would be $2,274.37.

This payment is based on a 30-year loan at a fixed rate of 4.625 % - APR 4.732 % with a down payment of $22,995. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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307 W Water Street, Sandusky, OH 44870 multi-family home offered for sale at $459,900.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.