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195 Union StreetNewark, OH 43055

$1,550,000 Active
Commercial - Office MLS 226005110 Price Reduced $245,000 on May 18th, 2026
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Listed By

Agency Name: Shai-Hess Commerical Real Estate, LLC
Agent Name: Joseph Gebhart
Agency Phone: 740-587-7441

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Shown By

Agent Name: Roger McDaniel
Agent Phone: (614) 570-3260
Agency Title: Cutler Real Estate

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Property Description

An outstanding investment opportunity awaits! This 30,692± SF multi-tenant professional office building presents an attractive proposition for investors. Fully leased and generating consistent income, the property offers strong stability and long-term value. The list price reflects an 9% CAP rate, providing a compelling return profile for qualified buyers. Planned parking lot asphalt improvements are scheduled for summer 2026, further supporting the property's long-term appeal and functionality. Financials and a current rent roll are available upon execution of a signed NDA, offering a complete picture of performance and revenue potential. This well-positioned asset makes a strategic and reliable addition to any investment portfolio.Located just off the Grant Street exit on SR-79, 195 Union Street offers exceptional accessibility and convenience for office users. This well-positioned location provides quick and easy access to downtown Newark, placing your business just minutes from government offices, financial institutions, dining, and everyday services. Its central setting supports strong connectivity while maintaining a professional and easily reachable address, making it an ideal choice for businesses that value efficiency, visibility, and convenience.Fully leased with consistent in-place income30,692± SF multi-tenant professional office buildingAttractive 8% CAP rate at list priceFinancials & current rent roll available with signed NDA

195 Union Street | MLS# 226005110

This commercial property located at 195 Union Street, Newark, OH 43055 is currently listed for sale with an asking price of $1,550,000. Search Newark real estate on rmcdaniel.cutlerhomes.com today.

Property Features

Property Type: Commercial - Office
Days on Market: 84
Lot Size: 2.01 Acres
Taxes: $10,506

Feature Descriptions

Parcel #: 054-217740-00.001
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

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