4245 US Highway 23 N

4245 US Highway 23 N, Delaware, OH 43015

Property Information

  • For Sale $465,000
  • Property Type Multi-Family
  • Lot Size 1.48 Acre
  • Date Updated May 19, 2026

Description

Positioned directly on busy US-23 just north of Delaware, this unique mixed-use property combines stable cash flow with multiple paths for future upside. Spanning roughly 1.48 acres across two parcels, the site includes an operating auto shop with fenced yard plus three residential units, all currently rented. The front commercial building at 4225 is an approx. 1,872 SF auto shop with two bays, small office space, and a ~0.5 acre fenced yard, ideal for an auto user, contractor, or small business needing outdoor storage. Behind it sits 4225 Rear, a 3-bedroom, 1.5-bath, ~1,600 SF modular home featuring new LVT flooring and freshly painted paneling for a clean, contemporary look, with additional cosmetic upside remaining. Next door, 4247 is a 2-bedroom, 1-bath single-wide mobile home, and 4245 is a 4-bedroom, 2-bath brick house with strong bones, newer flooring, and simple cosmetic updates still to be completed (cabinets, counters, appliances), offering clear value-add potential for the next owner. Major capital items have already been addressed. All units have updated HVAC systems and hot water tanks, and the septic lines have been replaced and upgraded to Schedule 40 PVC to reduce the risk of backups and future maintenance headaches. Flooring has been updated in 4245, 4247, and 4225 Rear, providing a solid, low-hassle foundation for continued income. With four leased units, diversified income from commercial and residential tenants, modernized mechanicals, and plenty of upside in rents and cosmetics, this property is a rare opportunity for an investor or owner-operator seeking cash flow today and room to grow tomorrow on a highly visible US-23 corridor.

Highlights

  • 4225 Rear 3BR1.5BA modular 1600 SF new LVT flooring painted interior
  • 4247 2BR1BA singlewide mobile home
  • Auto shop (4225) 1872 SF with two bays office and 0.5 acre fenced yard ideal for auto trades or storage user
  • Four incomeproducing units auto shop 3 residential homes on approx. 1.48 acres
  • Fully leased mixeduse income property on highvisibility US23 corridor
  • Three residential units

Contacts

Andrew Sylvester

Coldwell Banker Commercial Aspire Realty Services

Location

Contact Listing Broker
Andrew Sylvester

Coldwell Banker Commercial Aspire Realty Services

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.