15 Franklin StDelaware, OH 43015
- Mixed-use properties
- 3,380 SF
Property Details for 15 Franklin St
- Year built
- 1821
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 3,380 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $638,093
- 6.5%
- $589,008
- 7%
- $546,936
-
Comparable approach
- Method
- Valuation
- Relative Method
- $316,165
- Geo Method
- $316,165
-
Alternative Use
- Use
- Valuation
- Residential
- $730,371
- Hospitality
- $669,016
- Educational
- $556,613
- Medical
- $575,756
- Retail
- $865,842
Location Insight
- City
- Delaware
- County
- Delaware
- State
- Ohio
- Latitude
- 40.2995
- Longitude
- -83.0699
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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