28 S Franklin Street, Delaware, OH 43015

$799,900
Property Type: Multi-Family Lot Size (sq. ft.): 20,909 Status: Contingent
Current Price: $799,900 List Date: 3/23/2026 Last Modified: 3/29/2026

Overview

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.

Listing Details MLS# 226008602

Location Property Info

Original List Price
799900
Property Sub Type
Mixed Use
Street #
28
Street PreDirection
S
Street Name
Franklin
Street Suffix
Street
County
Delaware
State
OH
Zip Code
43015
School District
DELAWARE CSD 2103 DEL CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-03-23

General Property Info

Number of Units
12
Total Parking
20
Year Built
1946
Built Prior to 1978
Yes
Occupancy Rate
2
Lot Size (Side)
156
Acreage
0.48

Tax Info

Parcel #
519-433-02-018-000
Tax Year
2025
Tax Abatement
No
Taxes (Yrly)
9503

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

City (Mailing Addr)
Delaware
Corp LimitPerAuditor
Delaware

More Information

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

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.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Construction

Block
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Construction: Block Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Sewer Available; Water Available MLS Primary PhotoSrc: Realtor Provided
Listing Office: RE/MAX Allegiance
Listing Agent: Edward A Cashman
Last Updated: March - 29 - 2026
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