15 Franklin St Delaware, OH 43015-1913
- Investment properties
- 3,380 SF
- 0.23 lot acres
Current Use by Public Records
- Lewis Law Offices / Insurance Attorney
- Golden Reserve / Financial Planner / Financial Institution
Property Details for 15 Franklin St
- Year built
- 1821
- Lot size
- 0.23 lot acres
- Property size
- 3,380 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 519-432-26-011-000
- APU
- 51943226011000
Description
This exceptional 3,264 square foot office building presents a unique investment opportunity in Delaware, Ohio's historic district. Built in 1821, the two-story structure at 15 N Franklin St boasts significant character and charm. The property features ample attached surface parking, providing convenient access for employees and clients. Ideal for general office use, the layout includes a full reception and waiting area, enhancing the professional image. Two well-appointed conference rooms cater to meetings and presentations, while five spacious private offices offer individual workspaces. Both floors include in-suite restrooms, and a convenient kitchenette is also provided. The building offers both front and back entrances, providing flexibility and accessibility. Located in Delaware County, Ohio, with a zip code of 43015, this property combines historical significance with modern functionality, making it an attractive proposition for businesses seeking a prestigious and well-equipped office space. The asking price is $475,000. This is a rare opportunity to own a piece of Delaware's rich history while enjoying the benefits of a well-maintained and functional office building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $270,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $265,000
- Mixed-Use
- $280,000
- Hospitality
- $220,000
- Educational
- $255,000
- Residential Income
- $235,000
- Energy
- $240,000
- Income-Based Land
- $265,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Delaware
- County
- Delaware
- State
- Ohio
- Longitude
- -83.0699
- Latitude
- 40.2995
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA