Sandusky Assisted Living | Vacant, Full Control

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.

Description:

For more information visit:
https://rimarketplace.com/auction/3463/senior-housing/sandusky/oh?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november4_2026&utm_content=senior_housing_3463

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.

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.


Bidding Opens
Nov 03 1:00 AM
Bidding Closes
Nov 05 1:00 AM

Documents: