REIT Sale | Former Dollar General | 2007 Built | 1.79 Acres

Highlights:

• 9,014 SF Freestanding Value-Add Retail on 1.79 Acres Available at Substantial Discount Below Replacement Cost
• Attractive Demographics with 5-Mile Population of ±10,500 and Annual Household Income of ±$78,500
• Surrounding Traffic Generators: Dollar General Market, Community Markets, U-Haul, Firelands Manufacturing, USPS, Plymouth-Shiloh School, USPS
• 6,565 VPD Traffic Count Highway Frontage and Visibility on Sandusky St (SR-61)
• Zoned B-1, General Business District with a Variety of Commercial Uses
• Absolute $1 Auction – NO RESERVE!

Description:

Ri Marketplace Online Auction October 27th-29th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2783/reit-sale-former-dollar-general-2007-built-1.79-acres?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2783

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing retail building located at 213 Sandusky Street in Plymouth, Ohio 44865 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a strategically positioned asset with highway frontage at a substantial discount. FIRST BID MEETS RESERVE!

Constructed in 2007, the Property features a ±9,014 SF single-story retail building on a ±1.7935-acre parcel (±78,125 SF) with 17 surface parking spaces and excellent accessibility via one dedicated curb cut along Sandusky Street/SR-61 (±6,565 VPD), ensuring strong visibility and convenient access. Previously leased to Dollar General on a triple net (NNN) basis, the Property offers a compelling value-add opportunity through re-tenanting at prevailing market lease rates (CoStar estimates $9–$10/SF NNN retail). Zoned B-1 General Business, the site provides favorable and flexible zoning to accommodate a wide range of retail and commercial uses. There is a life estate title exception on this property as well as occupants. This life estate may or may not be enforceable, and will be sold with the property. Bidders must review due diligence prior to bidding.

The Property is located in Plymouth, Ohio, a village spanning Huron and Richland Counties that serves as a modest retail hub for both local residents and surrounding rural communities in northern Ohio. The Property sits just off the intersections of Main Street and Trux Street (±2,495 VPD), within a primary commercial corridor anchored by DG Market, U-Haul, and Community Markets, which drive steady customer traffic to the area. This central positioning within Plymouth’s core commercial corridor ensures consistent visibility and long-term viability for retail and service-oriented tenants. This former Doller General is located within the Cleveland-Akron designated market area and located within an hour and a half of downtown Cleveland. The site offers strong positioning between the larger Mansfield and Norwalk markets and also benefits from close proximity to U.S. Route 30, offering direct connections to these metro areas, and convenient access to I-80/I-76 for broader Ohio access/distribution. Additional nearby demand drivers include the Plymouth-Shiloh Local School District (±1.5 mi), serving 650+ students in grades PK–12, and Mercy Health Willard Hospital (±5 mi), a 25-bed full-service medical facility supporting the region’s healthcare needs. The surrounding 5-mile trade area is home to more than 10,500 residents with an average household income (AHHI) of approximately $78,500, supported by a diverse economic base of retail, healthcare, manufacturing, and local services. These demographics and Plymouth’s steady daytime activity provides a foundation for re-tenanting and long-term investment stability.



Thomas Seaman
Auctioneer
License: 2007000016
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: