201 Madison Street, Port Clinton, OH 43452
$775,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
11,182
Status:
Closed
Current Price:
$775,000
List Date:
3/25/2025
Last Modified:
10/14/2025
Overview
Description
Listing Details MLS# 6127545
Listing Information
- Property Sub Type
- Office
Status Change Information
- Status Change Timestamp
- 2025-09-05
- Purchase Contract Date
- 2025-09-02
- Close Date
- 2025-09-05
- Close Price
- 775000
- Buyer Financing
- Other
Address
- Street Number
- 201
- Street Name
- Madison
- Street Suffix
- Street
- County
- Ottawa
- State
- OH
- Postal Code
- 43452
- Parcel Number
- 021-1715023126000
Contract
- Named Exceptions YN
- No
- Original List Price
- 795000
- Listing Contract Date
- 2025-03-25
- Listing Agreement
- Exclusive Right To Sell
- Listing Service
- Full Service
Interior
- Basement YN
- Yes
Building
- Year Built
- 1871
- Stories Total
- 3
More Information
Lot
- Lot Size Acres
- 0.2567
- Lot Size Square Feet
- 11182
- Lot Size Dimensions
- 11,180
Remarks
- Public Historical Remarks
- Parking: 31+ Spaces, Ceiling Height: 0-10 Feet, Miscellaneous: 4+ Restrooms,
- Public Remarks
- Prime commercial opportunity in downtown Port Clinton! This iconic 3-story building features a long-term tenant occupying 4210 square feet with a lease through Jan 2029. 6970 square feet of additional office space across the 1st, 2nd, and 3rd floors offers exceptional revenue potential. Recent upgrades include 6 new HVAC units, new roofs on the 1st and 2nd floors, and a 1st floor rear office with new carpet and modern kitchenette. The property also boasts a 20,000 sq ft parking lot and a regularly maintained elevator. Don't miss this incredible opportunity in a fun, vibrant downtown location!
Showing Information
- Showing Instructions
- ShowingTime
Tax & Legal
- 6 Months General Tax
- 4182.61
- 6 Months Special Assessment Tax
- 1629.3
- 6 Months Total Tax
- 5811.91
- Directions
- From 163, south on Madison
- Auction YN
- No
Construction Materials
- Brick
- Yes
- Stone
- Yes
Cooling
- Central Air
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Hot Water
- Yes
- Natural Gas
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Location of Property
- Corner Lot
- Yes
Parking Features
- Parking Lot
- Yes
Possession
- Negotiable
- Yes
Roof
- Asphalt
- Yes
Sewer
- Sanitary Sewer
- Yes
Water Heater
- Gas
- Yes
Water Source
- Public
- Yes
Income and Expenses
- Net Operating Income
- 0
Lease Term Options
- Other
- Yes
Owner Pays
- Electricity
- Yes
- Exterior Maintenance
- Yes
- Gas
- Yes
- Insurance
- Yes
- Repairs
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Water
- Yes
Tenant Pays
- Electricity
- Yes
- Exterior Maintenance
- Yes
- Gas
- Yes
- Insurance
- Yes
- Repairs
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Water
- Yes
Business Type
- Professional/Office
- Yes
- Other
- Yes
Licenses Required
- State
- Yes
Sale Includes
- Building
- Yes
- Land
- Yes
Documents
- Leases
- Yes
Property Features
Business Type:
Professional/Office; Other
Construction Materials:
Brick; Stone
Cooling:
Central Air
Flooring:
Carpet; Tile
Heating:
Hot Water; Natural Gas
Lease Term Options:
Other
Licenses Required:
State
Listing Terms:
Cash; Conventional
Location of Property:
Corner Lot
Owner Pays:
Electricity; Exterior Maintenance; Gas; Insurance; Repairs; Sewer; Taxes; Water
Parking Features:
Parking Lot
Possession:
Negotiable
Roof:
Asphalt
Sale Includes:
Building; Land
Sewer:
Sanitary Sewer
Tenant Pays:
Electricity; Exterior Maintenance; Gas; Insurance; Repairs; Sewer; Taxes; Water
Water Heater:
Gas
Water Source:
Public
Documents:
Leases
Listing Office:
Key Realty LTD
Last Updated: October - 14 - 2025
Broker Attribution:
419-704-3686
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