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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

29 Sandusky St Delaware, OH 43015

1,400 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,400 square foot retail storefront, located at 29 N Sandusky Street in Delaware, Ohio, presents a compelling investment opportunity. Priced at $395,000, the property boasts a 100% occupancy rate with a long-term lease in place with Homestretch Apparel, ensuring a stable income stream. Situated in the heart of downtown Delaware, this commercially zoned property benefits from its prime location within walking distance of Ohio Wesleyan College, surrounded by a vibrant mix of local businesses and restaurants. The high-traffic location on North Sandusky Street sees 11,943 vehicles daily, guaranteeing significant visibility and foot traffic. Convenient parking is available both in front of and behind the building, enhancing accessibility for both customers and employees. The property's strong demographics are further supported by a 3-mile average household income of $99,598, indicating a robust consumer base. This turnkey investment offers a rare combination of location, occupancy, and income potential, making it an ideal addition to any portfolio. The single-tenant occupancy simplifies management, while the long-term lease provides financial stability and predictability. This is a truly exceptional opportunity to acquire a thriving retail property in a thriving Ohio community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Homestretch Apparel Clothing Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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