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34340391
34340393

403 E ADAMS ST, SANDUSKY, OH 44870-2907

MP
OH OH 2018001645
Russell Commercial Advisory
Listed by Russell Commercial Advisory
$2,100,000
4 days on market
Updated 4 days ago

The Sloane House

Details
APN 56-01187.000
Property Type Hospitality
Sub Type Hotel, Bed and breakfast
Square Footage 10,000
Units 10
Year Built 1850
Year Renovated 2018
Stories 3
Lot Size (SqFt) 20,217

The Rush R. Sloane House — Turnkey B&B | Downtown Sandusky | Cedar Point Corridor

Marketing description

The Rush R. Sloane House — Turnkey B&B | Downtown Sandusky | Cedar Point Corridor

One of the most historically significant residences on the Lake Erie shore, now operating as a fully furnished Bed & Breakfast in the heart of Ohio's busiest tourism market.

Built c. 1850 by Samuel Torrey and acquired in 1854 by Rush R. Sloane — attorney, railroad president, Sandusky Mayor, and abolitionist — this 10,000 SF Italianate Victorian served as a station on the Underground Railroad. Listed on the National Register of Historic Places since 1975. That heritage isn't just a footnote — it's a marketing engine that no chain hotel or vacation rental in the market can touch.

The property sits 10 minutes from Cedar Point (3.6 million annual visitors), walking distance to the Lake Erie Islands ferry terminal, and in the center of a downtown Sandusky has been named "Best Coastal Small Town in America." Peak lodging demand runs May through October, with shoulder season driven by indoor water parks, fishing charters, wine trail traffic, and sports tournaments year-round.

27 rooms total. 10 bedrooms — 8 with private en-suite baths. 9 full and 2 half baths. 8 fireplaces. First-floor ADA-accessible bedroom and bath. Formal ladies' and gentlemen's parlors. Library with fireplace and new veranda. Original hardwood floors, custom wood shutters, crown molding, and chandeliers throughout. Central air, updated plumbing and electrical, modern kitchen.

The self-contained third floor — 3 bedrooms, 2 full baths, private kitchen, and a widow's walk with panoramic views of Sandusky Bay, Cedar Point, and Lake Erie — is built for an owner-operator who wants to live above the business or add additional rental income. New electric, plumbing, HVAC. Roof has been redone in the last 10 years-major upgrades abound.

Can be offered fully furnished. Continued B&B operation, boutique event venue, or private estate. The building is restored. The market is proven. The story sells itself.

Investment highlights

The math is simple: Cedar Point puts 3.6 million visitors a year within 10 minutes of your front door. Sandusky short-term rentals average a $325 nightly rate. You have 10 bookable rooms — 8 with private en-suite baths — in a property that no competitor can replicate, duplicate, or out-brand.

This isn't a conversion project. The restoration is done. The rooms are furnished. The Airbnb listings are live. The third-floor owner's suite means your housing cost is built into the asset.

What you're buying that money can't build from scratch: National Register status since 1975. Underground Railroad Network designation. A provenance that starts with an abolitionist mayor in 1854 and ends with guests posting about it on social media for free. That story is your marketing budget.

The location does the rest — walkable to the waterfront, the ferry terminal, and downtown dining. Peak season runs six months. HalloWeekends extends it into late October. Indoor water parks, fishing charters, and wine trail traffic fill the shoulder months.

One property. Ten revenue-generating rooms. Six months of peak demand. A story no one else in the market can tell.

Listing Contacts

MP
OH OH 2018001645
Russell Commercial Advisory
Listed by Russell Commercial Advisory

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Zoning

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R2F ResidentialTwo FamilyTwo Family
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Michael Pasadyn Jr
License
OH 2018001645
Brokerage Phone
4402589126
Title
OH
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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