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Schmidt Wagner Building 242-246 E Market St 2,069 - 6,366 SF of Retail Space Available in Sandusky, OH 44870
Highlights
- Downtown Sandusky was Voted Best Coastal Town in America USA Today 2019 & 2023
- Home of Cedar Point and Sports Force Center (approx. 3.7 miles away) which brings in over 3 million visitors a year.
- Next to multi-use Bowling Green State University Branch.
- Sandusky was the host city for Ironman 2022 & 2023
- Prime downtown location in historic downtown with great street visibility with built in business traction.
- 2 blocks from pier and ferries to/from Kelly's Island, Put in Bay, Pelee Island and Cedar Point.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 246 - A | 2,187 SF | 5-10 Years | $19.15 CAD/SF/YR $1.60 CAD/SF/MO $41,873 CAD/YR $3,489 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 246 - B | 2,069 SF | 5-10 Years | $19.15 CAD/SF/YR $1.60 CAD/SF/MO $39,614 CAD/YR $3,301 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 246 - C | 2,110 SF | 5-10 Years | $19.15 CAD/SF/YR $1.60 CAD/SF/MO $40,399 CAD/YR $3,367 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 246 - A
Store Front with Large Windows $3,161/month. Additional TI money for any tenant who signs a minimum of a 5 year lease. Historic requirements will need to be met for any build outs (I.e. flooring). Located in Emerging Entertainment District. NNN + Utilities -- NNN expenses estimated at <$0.040/SF/Month
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 4,256 SF of adjacent space
- Central Air Conditioning
- Build to suit opportunity.
1st Floor, Ste 246 - B
Store Front with Large Windows $2,990/month. Additional TI money for any tenant who signs a minimum of a 5 year lease. Historic requirements will need to be met for any build outs (I.e. flooring). Located in Emerging Entertainment District. NNN + Utilities -- NNN expenses estimated at <$0.040/SF/Month
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 4,256 SF of adjacent space
- Central Air Conditioning
- Build to suit opportunity.
1st Floor, Ste 246 - C
Store Front with Large Windows. $3,050/month. Additional TI money for any tenant who signs a minimum of a 5 year lease. Historic requirements will need to be met for any build outs (I.e. flooring). Located in Emerging Entertainment District. NNN + Utilities -- NNN expenses estimated at <$0.040/SF/Month
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Central Air Conditioning
- Build to suit opportunity.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 6,366 SF | Gross Leasable Area | 6,366 SF |
| Max. Contiguous | 4,256 SF | Year Built/Renovated | 1920/2019 |
| Property Type | Retail | Parking Ratio | 8.05/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 6,366 SF |
| Max. Contiguous | 4,256 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,366 SF |
| Year Built/Renovated | 1920/2019 |
| Parking Ratio | 8.05/1,000 SF |
About the Property
This undeveloped retail/office space is located in Downtown Sandusky in a beautiful building. Located on Market Street, you are within a block of Columbus Avenue, the center of the city’s heart, making it a perfect location for any enterprise. It has street-level access. The floors above are higher-end residential rentals, adding to the prestige of the location. It has a layout that is amenable to retail or office use. The additional beauty of this building is that the location will be great exposure, increasing the potential business footprint. BGSU facility next door, Pier is two blocks, Cedar Point and Sports Complex 7min from this location.
- Air Conditioning
Nearby Major Retailers
Presented by
Schmidt Wagner Building | 242-246 E Market St
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