Property Description

Prime location just one block from the intersection of Sandusky and William Streets, steps from Ohio Wesleyan University (OWU), shopping, dining, and all downtown amenities. This three-level, multi-use building offers incredible redevelopment potential in a high-demand area. Demolition has already begun, paving the way for your vision, original concept featured four units per floor (12 total). Great opportunity for mixed-use retail, office, or residential conversion in a thriving and walkable downtown district. Ideal for investors or developers looking to bring new life to a cornerstone property in Delaware's growing urban core.

28 S Franklin Street | MLS# 226008602

This multi-family property located at 28 S Franklin Street, Delaware, OH 43015 is currently listed for sale with an asking price of $799,900. S Franklin Street is located within the DELAWARE CITY school district. Search Delaware real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 49

Lot Size: 0.48 Acres

Taxes: $9,503

Year Built: 1946

Feature Descriptions

Parcel #: 519-433-02-018-000

Utilities: Water Available, Sewer Available, Electricity Available

Local Schools

School District: DELAWARE CITY

Demographics

Delaware County Demographic Information for 28 S Franklin Street, Delaware, OH 43015

Fips

Fips Code 39041

Population

2020 to 2025 Change up 13.0%

2010 Count 174,214

2020 Count 214,124

2025 Estimate (V2025) 242,032

2020 Estimate (V2025) 214,135

Age Distribution (Years Old)

0 to 4 5.0%

5 to 17 23.9%

18 to 64 55.4%

65 and Older 15.7%

Gender

Male 50.0%

Female 50.0%

Place of Birth

Foreign 9.7%

US 90.3%

Education

High School Graduate, Age 25+ 97.1%

Bachelor's Degree or Higher, Age 25+ 59.4%

Computer and Internet use

Households with a computer 97.9%

Households with a broadband Internet subscription 96.0%

Language

English is Second Language, Age 5+ 11.3%

English is First Language, Age 5+ 88.7%

Veterans

Veterans 10,113

Income

Per Capita Income $61,395

Median Household Income $133,540

People in Poverty 4.3%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 86,483

Households 82,287

Average Household Size 2.73

Owner-Occupied 78.5%

Multi-Family 15.9%

Owner-Occupied Median Value $445,500

Median selected monthly owner costs -with a mortgage $2,493

Median selected monthly owner costs -without a mortgage $986

Median gross rent $1,492

Building Permits

New Private Housing Issued 2024 2,747

Years at Residence

1 Year or More 89.4%

Less Than 1 Year 10.6%

Business and Employment

Private non-farm Establishments 5,365

Private non-farm Employment 94,895

Private non-farm Employment Growth up 4.2%

Nonemployer Establishments 21,585

Number of Firms 4,077

Business Production

Value of Shipments $3,096,835,000

Wholesale Trade $2,187,941,000

Retail Trade $4,101,929,000

Retail Sales Per Capita $17,556

Accommodation and Food Services $582,897,000

Land

Land Area 443.10 sq. miles

Population Per Square Mile 394

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 5,091.02 per month $4,065.79 Principal & Interest $791.92 Property Tax $233.30 Homeowner's Insurance

Change Payment Information

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28 S Franklin StreetDelaware, OH 43015