403 E Adams StreetSandusky, OH 44870

403 E Adams StreetSandusky, OH 44870

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$2,100,000 Active
Commercial - Business MLS 5226741

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: mike@mapscommercial.com, 440-258-9126

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

The Rush R. Sloane House ? Turnkey B&B | Downtown Sandusky | Cedar Point Corridor One of the most historically significant residences on the Lake Erie shore, now operating as a fully furnished Bed & Breakfast in the heart of Ohio's busiest tourism market. Built c. 1850 by Samuel Torrey and acquired in 1854 by Rush R. Sloane ? attorney, railroad president, Sandusky Mayor, and abolitionist ? this 10,000 SF Italianate Victorian served as a station on the Underground Railroad. Listed on the National Register of Historic Places since 1975. That heritage isn't just a footnote ? it's a marketing engine that no chain hotel or vacation rental in the market can touch. The property sits 10 minutes from Cedar Point (3.6 million annual visitors), walking distance to the Lake Erie Islands ferry terminal, and in the center of a downtown Sandusky has been named Best Coastal Small Town in America. Peak lodging demand runs May through October, with shoulder season driven by indoor water parks, fishing charters, wine trail traffic, and sports tournaments year-round. 27 rooms total. 10 bedrooms ? 8 with private en-suite baths. 9 full and 2 half baths. 8 fireplaces. First-floor ADA-accessible bedroom and bath. Formal ladies' and gentlemen's parlors. Library with fireplace and new veranda. Original hardwood floors, custom wood shutters, crown molding, and chandeliers throughout. Central air, updated plumbing and electrical, modern kitchen. The self-contained third floor ? 3 bedrooms, 2 full baths, private kitchen, and a widow's walk with panoramic views of Sandusky Bay, Cedar Point, and Lake Erie ? is built for an owner-operator who wants to live above the business or add additional rental income. New electric, plumbing, HVAC. Roof has been redone in the last 10 years-major upgrades abound. Can be offered fully furnished. Continued B&B operation, boutique event venue, or private estate. The building is restored. The market is proven. The story sells itself.

403 E Adams Street | MLS# 5226741

This commercial property located at 403 E Adams Street, Sandusky, OH 44870 is currently listed for sale with an asking price of $2,100,000. E Adams Street is located within the Sandusky City school district. Search Sandusky real estate on 251danielburnhamsquareunitunit259.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Multi Units
Days on Market: 1
Heating: Forced Air, Fireplace(s)
Lot Size: 0.33 Acres
Taxes: $13,492 / year
Year Built: 1850

Feature Descriptions

Parcel#: 56-01187-000
Sewer: Public Sewer
Water: Public

Local Schools

School District: Sandusky City

Demographics

Erie County Demographic Information for 403 E Adams Street, Sandusky, OH 44870
Fips
Fips Code 39043
Population
2020 to 2025 Change down 3.1%
2010 Count 77,079
2020 Count 75,622
2025 Estimate (V2025) 73,296
2020 Estimate (V2025) 75,619
Age Distribution (Years Old)
0 to 4 4.4%
5 to 17 19.2%
18 to 64 51.6%
65 and Older 24.8%
Gender
Male 49.3%
Female 50.7%
Place of Birth
Foreign 2.1%
US 97.9%
Education
High School Graduate, Age 25+ 93.2%
Bachelor's Degree or Higher, Age 25+ 29.0%
Computer and Internet use
Households with a computer 93.9%
Households with a broadband Internet subscription 88.3%
Language
English is Second Language, Age 5+ 3.7%
English is First Language, Age 5+ 96.3%
Veterans
Veterans 4,548
Income
Per Capita Income $40,578
Median Household Income $71,993
People in Poverty 13.1%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 38,514
Households 32,482
Average Household Size 2.22
Owner-Occupied 71.9%
Multi-Family 18.9%
Owner-Occupied Median Value $199,700
Median selected monthly owner costs -with a mortgage $1,374
Median selected monthly owner costs -without a mortgage $567
Median gross rent $933
Building Permits
New Private Housing Issued 2024 113
Years at Residence
1 Year or More 89.7%
Less Than 1 Year 10.3%
Business and Employment
Private non-farm Establishments 1,802
Private non-farm Employment 32,249
Private non-farm Employment Growth up 0.5%
Nonemployer Establishments 5,359
Number of Firms 1,265
Business Production
Value of Shipments $2,100,909,000
Wholesale Trade $866,902,000
Retail Trade $1,243,980,000
Retail Sales Per Capita $14,037
Accommodation and Food Services $344,313,000
Land
Land Area 251.56 sq. miles
Population Per Square Mile 307

Source: US Census Bureau