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1440 E State Street, Fremont, OH 43420

$500,000
Property Type: Commercial Sale Lot Size (sq. ft.): 24,829 Status: Closed
Current Price: $500,000 List Date: 7/22/2022 Last Modified: 10/14/2025

Overview

Description

Tremendous opportunity for a turn key investment property! Two building on one parcel, meticulously maintained by the owner. Building 1 contains 2 upper residential apartments and 2 commercial spaces. Building 2 contains 3 upper apartments and 4 commercial spaces. Residential spaces have attractive open floor plans and feature commercial tile flooring, solid oak cabinets, ceiling fans and all kitchen appliances are owned by seller. Units are all accessible by treated lumber wide stairways and upper decks. Virtual tours available for 2 residential spaces. Traffic count 10,000+ per day.

Listing Details MLS# 6090722

Listing Information

Property Sub Type
Business

Status Change Information

Status Change Timestamp
2022-09-30
Purchase Contract Date
2022-09-30
Close Date
2022-09-30
Close Price
500000
Buyer Financing
Conventional

Address

Street Number
1440
Street Direction Prefix
E
Street Name
State
Street Suffix
Street
County
Sandusky
State
OH
Postal Code
43420
Postal Code +4
4061
Parcel Number
34-60-00-0386-05

Contract

Named Exceptions YN
No
Original List Price
599900
Listing Contract Date
2022-07-22
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service

Building

Year Built
1950
Stories Total
2

Lot

Lot Size Acres
0.57
Lot Size Square Feet
24829
Lot Size Dimensions
24,840

More Information

Remarks

Public Historical Remarks
Parking: 11-30 Spaces,, Ceiling Height: 0-10 Feet
Public Remarks
Tremendous opportunity for a turn key investment property! Two building on one parcel, meticulously maintained by the owner. Building 1 contains 2 upper residential apartments and 2 commercial spaces. Building 2 contains 3 upper apartments and 4 commercial spaces. Residential spaces have attractive open floor plans and feature commercial tile flooring, solid oak cabinets, ceiling fans and all kitchen appliances are owned by seller. Units are all accessible by treated lumber wide stairways and upper decks. Virtual tours available for 2 residential spaces. Traffic count 10,000+ per day.

Showing Information

Showing Instructions
All showings to be accompanied by listing agent and seller.

Tax & Legal

6 Months General Tax
2037.99
6 Months Special Assessment Tax
0
6 Months Total Tax
2037.99
Directions
E. State Street between Cottage Street and Harding Street.
Auction YN
No

Construction Materials

Other
Yes

Cooling

Central Air
Yes
Wall Unit(s)
Yes

Disclosures

Lead Based Paint Disclosure
Yes
Property Disclosure
Yes

Flooring

Carpet
Yes
Tile
Yes

Foundation Details

Slab
Yes

Heating

Electric
Yes
Forced Air
Yes
Natural Gas
Yes
Radiant
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Roof

Asphalt
Yes

Sewer

Sanitary Sewer
Yes

Water Heater

Electric
Yes
Gas
Yes

Water Source

Public
Yes

Income and Expenses

Net Operating Income
0

Lease Term Options

Other
Yes

Owner Pays

Other
Yes

Tenant Pays

Other
Yes

Building Features

Free Standing
Yes

Business Type

Commercial
Yes
Other
Yes

Licenses Required

None
Yes

Sale Includes

Building
Yes
Business
Yes
Land
Yes

Property Features

Building Features: Free Standing Business Type: Commercial; Other Construction Materials: Other Cooling: Central Air; Wall Unit(s) Disclosures: Lead Based Paint Disclosure; Property Disclosure Flooring: Carpet; Tile Foundation Details: Slab Heating: Electric; Forced Air; Natural Gas; Radiant Lease Term Options: Other Licenses Required: None Listing Terms: Cash; Conventional Owner Pays: Other Possession: Close Of Escrow; Subject To Tenant Rights Roof: Asphalt Sale Includes: Building; Business; Land Sewer: Sanitary Sewer Tenant Pays: Other Water Heater: Electric; Gas Water Source: Public
Listing Office: Wendt Key Team Realty Ltd
Last Updated: October - 14 - 2025
Broker Attribution: 419-333-8326

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