About 1035 First Street, Sandusky, Ohio, 44870
A rare opportunity to acquire a large, assembled real estate portfolio spanning 50+ parcels throughout downtown Sandusky, Ohio. This collection of properties creates a substantial footprint across the city's core residential neighborhoods, all within close proximity to the waterfront, downtown business district, and major travel corridors.Offered as a single package, the portfolio provides immediate scale, geographic density, and operational efficiency that would be extremely difficult to replicate through individual purchases.The properties currently generate $76,435 in monthly rental income, with documented market rents supporting approximately $88,100 per month. This reflects an estimated $140,000+ in annual income potential through rent normalization alone. Many leases are at-will or below market, offering a clear path to increased revenue without major renovations.This is a value-add opportunity driven by management and positioning.Beyond current cash flow, the concentration and location of these parcels offer long-term flexibility for future infill, redevelopment potential, or strategic hold as downtown Sandusky continues to benefit from ongoing waterfront and community improvements. This offering combines immediate income with control of a significant residential presence in a highly desirable lakefront market.See Attached Brochure for details.
Sewer :Public Sewer
Water Source :Public
Heating : See Heat Src Comment
Heating : Forced Air
Sewer :Public Sewer
Water Source :Public
Heating : See Heat Src Comment
Heating : Forced Air

Street Address: 1035 First Street
City: Sandusky
State: Ohio
Postal Code: 44870
County: Erie

Property Information :
Listing Status: Active
MLS #: 20260276
Price: $7,550,000
Tax Amount: 0.00
Last Modified : Feb 3 2026 6:20PM

Courtesy of: Tarina Sidoti, Berkshire Hathaway HomeServices Pro. - Sandusky (MLS# 1705)
Source MLS: FMLS