Corporate Surplus – Prime Redevelopment Candidate at High Visibility Corner

• 2,672 ± sq. ft. corner-oriented commercial property situated on a 0.80 ± acre site on Milan Road (US-250), a heavily trafficked retail and commercial corridor on Sandusky's north side
• Zoning: C-2 (General Commercial)
• Located within a dense, established commercial node alongside numerous national retailers, restaurants, and service users
• Positioned along a primary route connecting downtown Sandusky to the Route 2/Cedar Point corridor, benefiting from consistent year-round and seasonal traffic volume
• Existing drive-thru infrastructure and multiple curb cuts offer flexibility for QSR, pharmacy, urgent care, or other high-turn retail/service redevelopment
• Outparcel/pad-site characteristics make the site attractive for single-tenant net-lease redevelopment or ground-lease structuring
• Redevelopment or reposition candidate for investors targeting value-add commercial assets with strong underlying real estate fundamentals
• Opportunity for owner-user, 1031 exchange buyers, or developers seeking a strategic infill site on a proven corridor
• Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
• Multiple Locations for Auction in KY & OH - Call Today for the List of Branches & Surplus Asset Properties!
• Free & Clear Title Guaranteed – Title Insurance Available!

 

Tranzon Asset Advisors, Edward D. Durnil, OH Auctioneer/Broker #200800096

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Edward Durnil

Edward Durnil: Tranzon Asset Advisors

866-243-8243 taainfo@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: 35-Day closing, sold in As-Is, Where-Is condition, no contingencies.
• Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
• Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.