Delaware, OH Commercial Real Estate for Sale

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Updated: Mar 23

Three-Level Mixed-Use Building

28 South Franklin Street, Delaware, OH 43015

$799,900

20,908 sqft

Three‑level multi‑use building in downtown Delaware, originally designed for four units per floor (12 total).
Demolition has already begun, providing cleared space for redevelopment.
Built in 1946.
Located one block from the intersection of Sandusky and William Streets and steps from Ohio Wesleyan University (OWU).

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This listing looks promising.

Here's a quick look at some key insights for

28 South Franklin Street, Delaware, OH 43015

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$70K
Annual
Mortgage

$450K
May 2024
Last Sold

May 2024
$650K
Property Type

Medical Building
Built 1946

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Updated: Nov 17, 2025

Freestanding Retail Building with Patio

1400 Stratford Road, Delaware, OH 43015

$670,000

4,400 sqft 0.85 AC lot

Freestanding retail building (former winery) with bar areas, event spaces, and kitchen
2 separate event areas with vaulted ceilings and exposed beams
Includes adjacent outdoor patio areas and an event‑area fireplace feature
Approximately 260' frontage along Stratford Road
Utilities include public water and public sewer; forced air heating

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Redevelopment Opportunity Near OWU

28 S Franklin Street, Delaware, OH 43015

$799,900

0.48 AC lot

Multi-use building with redevelopment potential in a high-demand area.

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Corner Retail-Office with Warehouse

5605 East State Route 37, Delaware, OH 43015

$1,090,000

9,470 sqft 1.02 AC lot

Hard-corner property combining retail/office space, a 6,000 SF warehouse with mezzanine storage, and outdoor storage.

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Downtown Retail Investment Opportunity

27 -31 N Sandusky St, Delaware, OH 43015

$1,500,000

5,239 sqft

5,239 SF retail property in downtown Delaware, OH.

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Prime Development Opportunity on U.S. 23

Delaware, OH 43015

$2,288,800

4,128 sqft 10.00 AC lot

10-acre site on U.S. 23 suitable for mixed-use development.

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Established Restaurant Space For Sale

66 N Sandusky St, Delaware, OH 43015

$1,700,000

6,651 sqft

Thriving restaurant property with high foot traffic in downtown Delaware.

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Downtown Delaware Mixed-Use Redevelopment Opportunity

18 N Sandusky St, Delaware, OH 43015

$1,200,000

17,000 sqft

Unique multi-level building in downtown Delaware with redevelopment potential.

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Downtown Delaware Multi-Level Commercial Building

17 N Sandusky Street, Delaware, OH 43015

$2,300,000

18,229 sqft

Unique commercial building in downtown Delaware, ideal for owner or investor.

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Renovated Office Building on Sandusky

611 S Sandusky St, Delaware, OH

$699,000

3,722 sqft 0.53 AC lot

Stand-alone office building in booming Delaware city community.

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Warehouse with Office and Yard

237 Curtis St, Delaware, OH 43015

$599,000

4,080 sqft

Industrial warehouse includes warehouse and office space, plus a fenced lot for secure outdoor storage.

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Historic Building in Downtown Delaware

45 Lake St, Delaware, OH 43015

$499,950

10,000 sqft 0.31 AC lot

10,000 SF historic building suitable for office or residential use.

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Auto Shop with Recent Remodel

237 Curtis St, Delaware, OH

$1,950,000

17,280 sqft 0.29 AC lot

M2 zoned auto shop with recent remodel for rent.

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Prime Development Land with Corner

5305 U.s. Hwy 23 N, Delaware, OH 43015

$3,627,000

18.60 AC lot

18.6-acre development parcel with frontage on US 23 and Troutman Road, plus utilities including electric and natural gas.

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Commercial Property with Highway Access

2039 Pittsburgh Drive, Delaware, OH 43015

Contact for pricing

128,000 sqft

Commercial property offering excellent access to major US routes.

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Freestanding Retail Building with Event Spaces