23 Un St Delaware, OH 43015-1921
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.
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GoYoga Delaware Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.