For Auction

Sandusky Assisted Living | Vacant, Full Control

3808 Venice Road,
Sandusky, OH 44870
Represented by
ParaSell, Inc.

Asset Snapshot

Real Estate
Asset Type
Senior Housing
Property Type
Assisted Living
Senior Housing Subtype
1998
Year Built
1
Floor Count
1
Building Count
2.40 Acres
Land Area

Investment Highlights

Vacant 39-Unit Assisted Living Asset
One-story, 26,058 SF community built in 1998 sits vacant, offering a clean slate for repositioning.
Debt-Free Fee Simple Auction Offering
Property conveys free and clear of debt or management obligation via transparent bidding process.
Near Firelands Regional Medical Center
Full-service hospital offering inpatient and outpatient care sits a 10-minute drive from the site.
Sandusky's Tourism-Driven Local Economy
Home to Cedar Point Amusement Park, drawing millions of annual visitors to this Lake Erie community.
Tight Competitive Assisted Living Supply
Only 120 competitive AL units exist within both the 3-mile and 5-mile trade area rings.
Local 75+ Population Growing Steadily
The 75+ population within three miles is set to grow 15.50% over the next five years.

Offering Summary

In Association with Parasell, Inc. | A Licensed Ohio Broker #REC.2020005946


Brokered by SVN | Senior Living Advisors and powered by RealINSIGHT Marketplace, 3808 Venice Road in Sandusky, Ohio is a 39-unit, one-story assisted living community offered via fee simple auction sale on November 4, 2026. Built in 1998, the 26,058 SF community sits on 2.4 acres on the south side of Venice Road, currently vacant following prior operation as an assisted living residence. The property will convey free and clear of debt or management obligation, on an as-is, where-is basis, giving a buyer full control to reposition, re-tenant, or re-open the community without encumbrance. Sandusky, on the southern shore of Lake Erie roughly 60 miles west of Cleveland and 60 miles east of Toledo, is anchored by Cedar Point Amusement Park and supported by Firelands Regional Medical Center, a full-service hospital within a 10-minute drive. Within a 3-mile radius, the 75+ population of 1,734 is projected to grow 15.50% over five years, while competitive assisted living supply remains limited to just 120 units across both the 3-mile and 5-mile rings, pointing to a constrained-supply senior housing market for a buyer to re-enter.

Due Diligence

Location

Portland Place sits on the south side of Venice Road in Sandusky, Ohio, along the southern shore of Lake Erie near U.S. Route 6 and State Route 2. Firelands Regional Medical Center, a full-service hospital, is a 10-minute drive away, and Cedar Point Amusement Park, drawing millions of visitors annually, anchors the region's tourism-driven local economy.

36,880
Total population within a 5-mile radius
120 units
Competitive AL supply within 5 miles
$58,902
Median household income, 5-mile radius

Transaction Managers

Darlene Johnson
Marketplace
Hampton Gomila
Marketplace

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Thomas Seaman
Auctioneer
License: 2007000016

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

Auction Opens In
44d 19h 38m 01s
$300,000
Starting Bid
Register To Bid
Bidding Opens
Bidding Closes

Investment Sales Brokers

Scott Reid
ParaSell, Inc.
OH License: BRKP.2020001224
Josh Salzman
SVN | Senior Living Advisors
Aaron Thompson
SVN | Senior Living Advisors
Don Husi
SVN | Senior Living Advisors
John Klement
SVN | Senior Living Advisors

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.