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Redevelopment Opportunity Near OWU

28 S Franklin Street Delaware, OH 43015

28 S Franklin Street, Delaware, OH, 43015
$799,900
For Sale
$799,900

MULTI_FAMILY - Delaware, OH

Lot Size0.48 Acres
Days on Market122

Property Features for 28 S Franklin Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
20
Standard status
Active
APN
519-433-02-018-000
Lot size
0.48 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9503

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1946
Number of units
12
Listing agency RE/MAX Allegiance
Listed by Edward A Cashman · License #2014005212
Added: Mar 23 Updated: Jun 1 at 10:12AM Checked: Jul 22 at 8:06AM
MLS# 226008602

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located one block from the intersection of Sandusky and William Streets, this three-level, multi-use building is steps from Ohio Wesleyan University (OWU), shopping, dining, and all downtown amenities. The property offers redevelopment potential in a high-demand area. Demolition has already begun. The original concept featured four units per floor, totaling 12 units. This property presents an opportunity for mixed-use retail, office, or residential conversion in a thriving and walkable downtown district. It is suited for investors or developers looking to bring new life to a property in Delaware's growing urban core. The lot size is 0.48 acres and is located in Delaware, OH.

Key Highlights

  • Prime location: Just one block from Sandusky and William Streets, near OWU, shopping, and dining.
  • Incredible redevelopment potential: Multi‑use building in a high‑demand area, ready for your vision.
  • Demolition has begun: Ready for immediate redevelopment.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Elisit Media Media Distribution

Suggested Use

Dental Office Furniture & Home Goods Daycare Center Cafe & Coffee Shop Carpet & Flooring Store Food Market Home Appliance Store (Bike/Boat/Book/etc) Store Storage Facility Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Multi-use building with redevelopment potential in a high-demand area.
Where is this mixed-use property located?
The property is located at 28 S Franklin Street Delaware, OH.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Prime location: Just one block from Sandusky and William Streets, near OWU, shopping, and dining.; Incredible redevelopment potential: Multi‑use building in a high‑demand area, ready for your vision.; Demolition has begun: Ready for immediate redevelopment.
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