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    57 N Sandusky St Delaware, OH 43015

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    For Sale
    $2,000,000

    Retail property with redevelopment opportunity in downtown Delaware, OH.

    Property size:
    9,403 SF
    Lot size:
    0.18 Acres

    Property Features for 57 N Sandusky St

    General Information

    Size
    9,403 SF
    Lot size
    0.18 Acres

    Source: 3CRE Advisors, LLC - corporate Agent Brett Post

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Delaware Retail Property

    This 6,301 square foot retail property is located in downtown Delaware, Ohio, within walking distance of Ohio Wesleyan College. The building features long-term leases, ensuring stable income. The second floor offers a redevelopment opportunity suitable for residential or office conversion. The property is zoned for commercial use and provides parking in both the front and back. Situated in a bustling retail corridor, the property is surrounded by local shops, restaurants, breweries, and other popular venues, offering great walkability and ease of access. The property size is 9,403 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Capital Medical Resources, ... Medical Equipment Supplier GOAT LOCAL Store Seasons Home + Kids Home Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Delaware
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0679449
    Latitude
    40.3007288

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    FAQs

    What type of property is this?
    Retail space - Retail property with redevelopment opportunity in downtown Delaware, OH.
    Where is this retail space located?
    The property is located at 57 N Sandusky St Delaware, OH.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Stable income from long-term leases.; - Redevelopment opportunity on the second floor for residential or office use.; - Prime downtown location in Delaware, OH, near Ohio Wesleyan College.
    (740) 972-8499
    Request Owner's contact information
    57 N Sandusky St Delaware, OH 43015
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    Delaware, OH 43015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    57 N Sandusky St Delaware, OH 43015
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