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    215 5Th St Delphos, OH 45833

    Sponsored
    For Lease
    Contact for pricing

    6,000 SF Retail Building, High Visibility

    Lot size:
    5,914 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents a 6,000 square foot free-standing building situated on a 0.78-acre lot (33,944 square feet) at the highly visible northwest corner of West 5th Street and North Canal Street in Delphos, Ohio, within Allen County. The property boasts a strong legacy as a well-established retail location, offering landmark recognition and excellent signage potential. The building itself totals 5,914 square feet, with 6,000 square feet currently available for lease. Ample parking is provided with over 40 spaces available on-site for customers and employees. This location is ideally positioned near the heart of Delphos' business district, providing easy access to a thriving customer base. The lease rate is negotiable, making this an attractive proposition for businesses seeking to establish or expand their presence in a prime retail location. The property's high visibility and established reputation make it an exceptional opportunity for a variety of retail uses. This is a chance to secure a well-known and easily accessible location in a vibrant community. The property offers a significant opportunity for a business to thrive in a highly visible and convenient location.

    Property Features for 215 5Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,914 SF

    Unit(s) available at that property

    Space
    Space Available
    Size
    6,000 SF

    HighLights

    • 6,000 square feet available for lease.
    • Lease rate is negotiable.
    • 6,000 square foot building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shangri La Dispensary Cannabis Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Delphos
    County
    Allen
    State
    Ohio
    Longitude
    -84.3416749
    Latitude
    40.8466388

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    Nearby Similar for Lease

    • $19,224 /Mo
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      Delphos Commercial Building For Lease

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      View Details

    FAQs

    What type of property is this?
    Neighborhood center - 6,000 SF Retail Building, High Visibility
    Where is this neighborhood center located?
    The property is located at 215 5Th St Delphos, OH.
    What are key features of this property?
    This property features: 6,000 square feet available for lease.; Lease rate is negotiable.; 6,000 square foot building.
    Request Owner's contact information
    215 5Th St Delphos, OH 45833
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    Delphos, OH 45833
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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
    215 5Th St Delphos, OH 45833
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