41 Sandusky StDelaware, OH 43015

  • Retail properties
  • 16,856 SF
For Lease
$18/SF/YR View listing

Property Details for 41 Sandusky St

Year built
1914
Lot size
0.10 AC
Property size (Sq ft)
16,856 SF
Property type
Retail properties
Property subtype
Banks
APN
519-432-25-001-000
APU
51943225001000

Description

This exceptional 3,000 square foot retail space is located at 41 N Sandusky St, Delaware, OH 43015, in Delaware County. The single-tenant property is uniquely renovated, blending contemporary amenities with classic charm, making it ideal for a variety of businesses, including restaurants or bars. The space offers a blank canvas for customization, with build-out solutions available to meet specific needs. Its prime location in the heart of downtown Delaware provides high visibility and foot traffic. The area is vibrant, with nearby shops, cafes, and restaurants, creating a bustling atmosphere. Co-tenants include Cocinamo's Bakery and The Bare Bowl Pottery. This street retail property offers an unparalleled opportunity to establish a thriving business in a desirable and well-established location. The property is easily accessible and benefits from the convenience of modern amenities while retaining the charm of a historic town. This is a fantastic opportunity for a business seeking a high-traffic location with a strong sense of community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,680,037
    6.5%
    $4,320,034
    7%
    $4,011,460
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,973,310
    Geo Method
    $3,973,310
  • Alternative Use

    Use
    Valuation
    Residential
    $3,644,110
    Hospitality
    $3,337,986
    Educational
    $2,777,165
    Medical
    $2,872,676
    Retail
    $4,320,034
41 Sandusky St, Delaware, Ohio

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.3
Longitude
-83.068
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
$187
$21,980
$260,120
$282,100
-
$62,800
$743,200
$806,000

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