1501 Hayes Ave, Sandusky, OH 44870

Property Description

1501 Hayes Ave is a beautiful, well-maintained 2-unit property located on the corner of Hayes Ave and W. Osborne, just seconds from the hospital and minutes from Downtown Sandusky and Cedar Point. The lower unit has operated as a hair salon for at least the past 50 years and offers great flexibility to continue as a salon, retail space, office, or other business use. The lower unit is currently vacant, making the transition to the purchaser simple and convenient. With RBB/Residential Business zoning, this property may also offer potential for transient rental use, subject to proper approvals. If desired, the lower level could potentially be converted into living space, creating a spacious open apartment or possibly reconfigured with additional walls to add bedrooms. The upstairs unit is already set up as a very spacious 2-bedroom apartment and includes a fire escape for safe egress. Potential rents are estimated at approximately $1,300 per month for the lower unit and $1,000 per month for the upper unit, giving this property strong income-producing potential in a highly visible and convenient Sandusky location.