801 Hayes Avenue
Sandusky, OH, 44870 $ 799,900
Baths0.0 Sq 13,468 Monthly Estimate*
$ 4,925
Studio for $799,900. This 13,468 square foot home was built in 1930 on a lot size of 0.14.
Welcome to a rare opportunity to own a landmark property in the heart of Sandusky. Once known as the iconic Wagner Palace, this unique offering includes a mix of commercial and residential space, along with an additional lot zoned for local business. The ground floor features four commercial storefronts, two of which are currently leased by long-term tenants. Three of the commercial units have updated furnaces, with two also offering air conditioning and newer hot water tanks.Upstairs, the property offers three spacious apartments, all occupied by long-term residents. These units have received numerous updates over the past decade, including remodeled kitchens with appliances, newer furnaces, A/C units, hot water tanks, select new windows, and individual laundry. Each residential unit has its own HVAC, hot water, and laundry setup. The beautiful roof was recently completed in 2025, making this an even stronger investment opportunity.Addresses included: 801, 806, 823, and 904 Hayes Ave., along with 901 and 903 Columbus Ave., Sandusky, OH 44870.This is a rare chance to own a recognizable Sandusky property with multiple income streams, long-term tenants, commercial frontage, residential units, and future potential.
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FeaturesGeneralSewer Public Sewer
Heating Gas
Possession TBD
Garage Spaces 0.00
Architectural Style 2 Story
Year Built 1930
Age 0
Property Subtype 5-15 Units
Tax Year 0
Auction No
Gross Income 72600.00
County Erie
Net Operating Income 54153.10
Operating Expense 18446.90
Property Type Multiple Units
Close Price 0.00
Status Active
City Sandusky
High School District Sandusky
Zoning Description Local Business
MLS Area N/A
Lot Size Units Acres
Lot Size Square Feet 6098.00
Home Warranty Y/N 0
Availability Date 1800-01-01
Legal Description 1 SUB LOT 105 WHOLE
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InteriorBasement Full Walkout
Heating System Forced Air
Electricity ON
3/4 Baths 0
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ExteriorWater Source Public
Flood Plan Unknown
Exterior Construction Brick
Substructure Basement
Lot Size Acres 0.1400
Waterfront Y/N No
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* Excluded FeaturesList ByJeffrey S. SmithListing Agent
Bhhs Professional RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,925
- Monthly Property Taxes
- $808
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Sandusky, OH
Average List Price $758,079
Percent of Sale Price 5%
About Sandusky, OH 24,207 Population
-13% Since 2002
$ 33,291 Median Income
38.81 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
1271948 Elementary School
1271821 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/2/2026 | $799,900 | | Listed Price |