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Property profile & analytics
OFF-MARKET
Office buildings

23 Un St Delaware, OH 43015-1921

3,240 SF 0.1 ac lot Built 1920
Entity Owned Free & Clear
Property ID
US66-0132442
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,405 square foot retail storefront located at 23 N Union St, Delaware, OH 43015. The property, built in 1920, is a single-story Class B building currently occupied by Go Yoga, a well-established tenant under a long-term lease, ensuring a stable income stream with minimal vacancy risk. The asking price is $625,000. Situated in the heart of downtown Delaware, this single-tenant property enjoys a highly visible location on a busy retail corridor, benefiting from excellent walkability and convenient access. Its proximity to Ohio Wesleyan College further enhances its appeal and potential for consistent foot traffic. The property is zoned for commercial use and is surrounded by a vibrant mix of local shops, restaurants, and breweries, creating a thriving and attractive commercial environment. This is an ideal investment for those seeking a stable, income-producing asset in a desirable location with a strong, reputable tenant. The property offers a unique blend of historical charm and modern commercial viability, making it a compelling opportunity for discerning investors. This turnkey operation requires minimal management, providing a low-risk, high-reward investment prospect.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Total area 3,240 SF
Lot 0.1 ac (4,443 SF)
APN 519-431-09-036-000
UPID US66-0132442
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
  • GoYoga Delaware Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lecras Group LLC
Lecras Group LLC
since 2025
Last sale
$625,000
7 recorded transactions
2025
Price N/A
2025
$625,000
2020
Price N/A
2008
Price N/A
2005
$295,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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