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801 Hayes Avenue

Sandusky, OH 44870
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Bed --

Bed

Bath 0

Bath

SqFt13,468

Sqft

Acres0.14

Acre(Lot)

Welcome to a rare opportunity to own a landmark property in the heart of Sandusky. Formerly known as the iconic Wagner Palace, this unique mixed-use investment features 4 commercial storefronts, 3 spacious residential apartments, and an additional lot zoned for local business.The commercial level includes four storefronts, two occupied by long-term tenants. Three commercial units have updated furnaces, with two also featuring central air and newer hot water tanks. Upstairs, all three apartments are occupied by long-term tenants and have been updated over the past decade with remodeled kitchens, appliances, newer furnaces, central air, hot water tanks, select replacement windows, and individual laundry. Each apartment has its own HVAC system, hot water tank, and laundry. A beautiful new roo f was completed in 2025.The property generates approximately $96,600 in gross annual income with estimated operating expenses of $16,100, resulting in an impressive Net Operating Income of approximately $80,500 per year.Includes 801, 806, 823 & 904 Hayes Ave. and 901 & 903 Columbus Ave., Sandusky, OH. A rare opportunity to own one of Sandusky's most recognizable investment properties offering multiple income streams, long-term tenants, commercial frontage, residential units, and outstanding future potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $749,900

AD Id : 79871691

MLS Id : 20262055

Lot Size : 0.14 Acre

Living Area Size : 13,468

Year Built : 1930

County : Erie

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full, Walk-Out Access
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1930 Building Area Total: 13468 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.14 Lot Size Square Feet: 6098

  • Listing Price Information

    Listing Price: $749900 Original Price: $799900

  • Tax Information

    Parcel Number: 5705051000 Tax Legal Desc: 1 SUB LOT 105 WHOLE

  • Utility Information

    Electricity Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
909 First Street, Sandusky, OH, 44870 $230,000 -- -- -- 0.05 Acre
5010 Campbell Street, Sandusky, OH, 44870 $199,900 -- -- 2,002 0.31 Acre
903 Franklin Street, Sandusky, OH, 44870 $118,500 -- -- -- 0.08 Acre
1427 Campbell Street, Sandusky, OH, 44870 $169,900 -- -- 2,878 0.07 Acre
519 Huron Ave Ave, Sandusky, OH, 44870 $421,000 -- -- 5,562 0.18 Acre
715 Wayne Street, Sandusky, OH, 44870 $150,000 -- -- 1,640 0.27 Acre
333 E Washington Street, Sandusky, OH, 44870 $2,650,000 -- -- 4,527 --
1501 Hayes Avenue, Sandusky, OH, 44870 $199,900 -- -- 3,426 0.37 Acre
831 Decatur Street, Sandusky, OH, 44870 $259,900 -- -- 2,245 0.26 Acre
811 W Osborne St Street, Sandusky, OH, 44870 $225,000 -- -- 2,416 0.20 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Firelands Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Firelands Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 09/02/2026 @ 01:59

MLS: 20262055 LISTED BY: Jeffrey Smith, Berkshire Hathaway HomeServices Pro. - Sandusky SOURCE: Firelands Association of REALTORS

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