Downtown Retail Investment
For Sale
$1,500,000
27 -31 N Sandusky St, Delaware, OH 43015
5,239 SF retail property in downtown Delaware, OH.
Property Size5,239 SF
Price / SF$286.31
Days on Market191
Property Features for 27 -31 N Sandusky St
General Information
Standard status
Active
Size
5,239 SF
Property subtype
Retail
Building Details
Year Built
1870
Listing Agency:
3CRE Advisors, LLC - corporate
(740) 972-8499
Listed By:
Brett Post · License #OH #2014000355
(740) 972-8499
Source:
3cre
Added: Jan 27
Changed: Jul 6
Last Checked: Aug 6 at 4:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 3CRE Advisors, LLC - corporate
Investment Insights
Based on property information with market context.
This 5,239 SF retail property, constructed in 1870, features three units across two parcels and is located in downtown Delaware, OH, within walking distance of Ohio Wesleyan College. The first floor is currently configured for three separate retail operations, one of which is occupied by a long-term tenant with a lease in place. The unfinished second floor presents a value-add opportunity, suitable for residential or office redevelopment. Zoned commercial, the property is situated on a busy retail corridor, surrounded by local shops, restaurants, breweries, and other popular venues, offering excellent walkability and ease of access. The property benefits from high visibility and a prominent storefront presence, making it a versatile retail space with potential for mixed-use development. The location provides excellent visibility, attracting both local residents and visitors to the dynamic retail scene.
Key Highlights
- Prime downtown Delaware, OH location within walking distance of Ohio Wesleyan College.
- Existing long‑term tenant and lease in place on the first floor providing immediate income.
- Significant value‑add potential with unfinished second floor suitable for residential or office redevelopment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 33%
Electronics 3%
Home Improvements & Furnishings 2%
United Dairy Farmers
Shops & Services
18,005 visits/mo
0.4 miles
Tim Hortons
Dining
11,721 visits/mo
0.4 miles
Amato's
Dining
6,705 visits/mo
0.3 miles
Huntington Bank
Shops & Services
6,016 visits/mo
0.3 miles
BP
Shops & Services
5,208 visits/mo
0.2 miles
Demographics for 43015, OH
57,563
Population
23,287
Households
2.5
Avg Household Size
38
Median Age
47%
College-Educated
96%
High-School Grad
127.9 sq mi
ZIP Area
450
Density / Sq Mi
$99,622
Median Household Income
$50,799
Median Earnings
$1,207
Median Rent
$311,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 5,239 SF retail property in downtown Delaware, OH.
Where is this retail property located?
The property is located at 27 -31 N Sandusky St Delaware, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime downtown Delaware, OH location within walking distance of Ohio Wesleyan College.; Existing long‑term tenant and lease in place on the first floor providing immediate income.; Significant value‑add potential with unfinished second floor suitable for residential or office redevelopment.
