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The 419 419 E Market St 10 Room Hotel Sandusky, OH 44870 $3,838,780 CAD ($383,878 CAD/Room)
INVESTMENT HIGHLIGHTS
- Walkable from downtown Sandusky
- -Shell space value add potential
- -~60 parking spaces
- -2023 Renovation
EXECUTIVE SUMMARY
The 419 is your newest downtown Sandusky boutique hotel. Renovated in 2023, and prominently located nearby all Sandusky amenities, including short walking distance marinas, restaurants, bars, and ferrys. Lake views encompass the property, with Cedar Point a short distance away. The 419 features 10 spacious hotel rooms, with room occupancies that hold 6+ guests. The rooms are all large, over 500 sft, high speed internet, flat screen tv’s, plush bedding, and in room controlled air conditioning. 4 rooms come with fully equipped kitchens, while the rest include microwaves and refrigerators. Full laundry/utility room on site.
The first floor features 6,481 sft of shell space, with an additional 2,537 sft of office space. The office space is currently leased by a local CPA. Convert the shell space to more hotel rooms to bolster revenue, develop into a hotel lounge/restaurant that integrates well with the building, or lease to local businesses. The building features two EV chargers, and ~60 parking spaces.
This location is one of a kind, and strategically captures the best of the future development coming to the already rapidly growing Sandusky Downtown region.
The first floor features 6,481 sft of shell space, with an additional 2,537 sft of office space. The office space is currently leased by a local CPA. Convert the shell space to more hotel rooms to bolster revenue, develop into a hotel lounge/restaurant that integrates well with the building, or lease to local businesses. The building features two EV chargers, and ~60 parking spaces.
This location is one of a kind, and strategically captures the best of the future development coming to the already rapidly growing Sandusky Downtown region.
DATA ROOM Click Here to Access
PROPERTY FACTS
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 10 | $427.15 CAD | - |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 56-01245-000 | Improvements Assessment | $605,463 CAD |
| Land Assessment | $84,385 CAD | Total Assessment | $689,848 CAD |
PROPERTY TAXES
Parcel Number
56-01245-000
Land Assessment
$84,385 CAD
Improvements Assessment
$605,463 CAD
Total Assessment
$689,848 CAD
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The 419 | 419 E Market St
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