66 Sandusky StDelaware, OH 43015

  • Retail properties
  • 0.04 AC
For Sale
$1,700,000 View listing

Property Details for 66 Sandusky St

Lot size
0.04 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
519-431-08-010-000
APU
51943108010000

Description

This exceptional restaurant property at 66 N Sandusky St, Delaware, OH, is offered at $1,700,000. The 6,651 square foot building, constructed in 1920 and renovated in 2005, sits on a 0.18-acre lot (APN 519-431-08-011-000) and is currently 100% occupied by the Old Bag of Nails Pub, a high-performing establishment. The single-story building features a central bar and a large outdoor patio, providing ample seating. Its prime downtown location offers excellent walkability and high visibility, with nearby Ohio Wesleyan University ensuring consistent customer traffic. The property benefits from significant daily traffic counts on surrounding streets (North Sandusky Street: 11,943 cars/day

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $483,753
    6.5%
    $446,541
    7%
    $414,645
  • Comparable approach

    Method
    Valuation
    Relative Method
    $410,626
    Geo Method
    $410,626
  • Alternative Use

    Use
    Valuation
    Residential
    $376,674
    Hospitality
    $345,031
    Educational
    $287,062
    Medical
    $296,934
    Retail
    $446,541
66 Sandusky St, Delaware, Ohio

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.3009
Longitude
-83.0673
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$333
$5,990
-
$5,990
-
$17,100
-
$17,100

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