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 Roof 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.
For sale
Price cut: $50K (7/22)
$749,900
801 Hayes Ave, Sandusky, OH 44870
4beds
4baths
13,468sqft
Multi Family
Built in 1930
-- sqft lot
$690,100 Zestimate®
$56/sqft
$-- HOA
What's special
Commercial frontageCentral airRemodeled kitchensSelect replacement windowsUpdated furnacesNewer hot water tanks
- 90 days
- 211
- 6
Zillow last checked:
Listing updated:
Listed by:
Jeffrey S. Smith 419-239-3472 jeffshomes55@gmail.com,
BHHS Professional Realty
Source: Firelands MLS,MLS#: 20262055Originating MLS: Firelands MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Full,Walk-Out Access
Interior area
- Total structure area: 13,468
- Total interior livable area: 13,468 sqft
Property
Features
- Levels: Two
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 5705051000
- Zoning description: Local Business
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
Condition
- Year built: 1930
Utilities & green energy
- Electric: ON
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Sandusky
Financial & listing details
- Price per square foot: $56/sqft
- Annual tax amount: $9,693
- Price range: $749.9K - $749.9K
- Date on market: 6/2/2026
- Date available: 01/01/1800
Estimated market value
$690,100
$656,000 - $725,000
$1,036/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $749,900-6.3%$56/sqft |
Source: Firelands MLS #20262055 Report a problem | ||
| 6/2/2026 | Listed for sale | $799,900$59/sqft |
Source: Firelands MLS #20262055 Report a problem | ||
| 3/27/2026 | Listing removed | $799,900$59/sqft |
Source: BHHS broker feed #20252053 Report a problem | ||
| 10/31/2025 | Price change | $799,900-5.9%$59/sqft |
Source: Firelands MLS #20252053 Report a problem | ||
| 9/25/2025 | Price change | $849,900-5.6%$63/sqft |
Source: Firelands MLS #20252053 Report a problem | ||
| 7/14/2025 | Price change | $899,900-7.7%$67/sqft |
Source: Firelands MLS #20252053 Report a problem | ||
| 6/3/2025 | Listed for sale | $975,000$72/sqft |
Source: Firelands MLS #20252053 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 44870
Nearby schools
Schools provided by the listing agent
- District: Sandusky
Source: Firelands MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





