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Investment Highlights

  • Parking in Front and Back
  • Close to retailers such as Wendy's, CVS, and Burger King
  • Walking distance to Ohio Wesleyan College

Executive Summary

This 6,301 SF retail property, located in downtown Delaware, OH, within walking distance of Ohio Wesleyan College. The building features long-term leases in place, ensuring stable income, while the second floor presents a redevelopment opportunity, perfect for residential or office conversion. The property is zoned for commercial use and offers parking both in the front and back. Positioned in a bustling retail corridor, it is surrounded by local shops, restaurants, breweries, and other popular venues, boasting great walkability and ease of access.

Property Facts

Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,403 SF
Building Class
C
Year Built
1920
Price
$2,000,000
Price Per SF
$212.70
Percent Leased
59%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.20
Lot Size
0.18 AC
Zoning
Commercial - Can be used for commercial purposes, such as retail stores, offices, restaurants, and other businesses.
Parking
3 Spaces (0.32 Spaces per 1,000 SF Leased)
Frontage
48’ on N Sandusky St

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 102
  • 3,850 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
102 3,850 SF Retail In-Line Now

102

Size
3,850 SF
Space Use
Retail
Position
In-Line
Available
Now
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

PNC Bank
Chase
Tim Hortons
Huntington Bank
Fifth Third Bank
First Commonwealth Bank
CrossFit

Property Taxes

Property Taxes

Parcel Number
519-432-24-027-000
Land Assessment
$38,220
Improvements Assessment
$90,160
Total Assessment
$128,380
  • Listing ID: 33273100

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 57 N Sandusky St, Delaware, OH 43015

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