56 N Franklin StreetDelaware, OH 43015

56 N Franklin StreetDelaware, OH 43015

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$379,900 Active
Commercial - Retail MLS 226010780

Listed By

Agency Name: Howard Hanna Real Estate Serv
Agency Phone: 614-679-3412
Agent Name: Nicole R Yoder-Barnhart

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

56 N Franklin St. is a 2,773 SF office and retail building located in the heart of historic Delaware, offering a beautifully updated turnkey opportunity for a variety of users. Currently operating as a day spa, the property was fully renovated in 2022 with new flooring, fresh paint, and updated doors, creating a modern and inviting atmosphere. Along with aesthetic improvements, both HVAC units are newer, and all required updates have been completed in coordination with the City of Delaware Fire Marshal, business insurance, and the Board of Cosmetology.The building offers designated staff parking along with convenient street parking for clients. The main level features a spacious reception area with built in shelving for product display, a comfortable client seating area with a coffee bar, and multiple treatment or office rooms, making it ideal for continued spa use, medical office, professional office, or boutique retail. For your convenience, there is a laundry room on-site. The second floor includes a private kitchen and staff retreat, a restroom, and additional client rooms, and its proximity to the rear entrance creates potential for multi tenant use.Zoned within the Downtown Commercial District, the property allows for a wide range of uses and is positioned in a strong and growing market, with the City of Delaware reporting a median income of $99,786 and Delaware County at $133,540. This area has seen significant population growth and has nearly doubled since 2000 and continues to grow at approximately 3 percent annually. Located in a historic downtown community, the area offers a vibrant mix of national franchises and locally owned businesses, including breweries, coffee shops, boutiques, and salons that drive consistent business to one another. The property is just steps from Ohio Wesleyan University, home to approximately 1,600 students.(Seller is related to agent)

56 N Franklin Street | MLS# 226010780

This commercial property located at 56 N Franklin Street, Delaware, OH 43015 is currently listed for sale with an asking price of $379,900. Search Delaware real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Days on Market: 30
Heating: Forced Air
Lot Size: 0.08 Acres
Taxes: $5,575
Year Built: 1920

Feature Descriptions

Parcel #: 519-432-24-013-000
Utilities: Sewer Available, Natural Gas Available, Electricity Available

Demographics

Delaware County Demographic Information for 56 N 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