340 Mount Vernon Road, Newark, OH 43055
$549,900
Est. payment /mo
Save
2,576 SqFt
Price Dropped by $50K

340 Mount Vernon Road Newark, OH 43055

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mainstream Realty Pros

Mainstream Realty Pros

+1(614) 434-8150

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,576 sqft

Price per Sqft $213

Subdivision Downtown Newark

MLS Listing ID 226020023

Year Built 1953

Annual Tax Amount $2,747

Lot Size 10,018 Sqft

Lot Dimensions 0.23

Property Sub-Type Retail

Source Columbus and Central Ohio Regional MLS

Property Description

Commercial real estate and established carryout business offered together in Newark, Ohio. Sale includes the commercial building, operating business, C1/C2 beer and wine permits, inventory, equipment, fixtures, and attached tenant space.

Situated on approximately 0.45 acres with LC (Limited Commercial) zoning, the property offers flexibility for a variety of commercial uses. Located less than three minutes from Downtown Newark with convenient access to State Route 16 and the greater Columbus region.

The property benefits from multiple revenue sources, including retail sales, beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop. The attached tenant currently occupies a portion of the building, creating an additional income stream.

Located within Newark CRA #1 and Commercial TIF District 7-2, the property is positioned within an area experiencing significant public and private investment. Licking County continues to benefit from substantial economic growth driven by semiconductor manufacturing, advanced manufacturing, technology investment, housing development, and infrastructure improvements throughout the Silicon Heartland region.

This offering presents an opportunity to acquire commercial real estate and an established operating business in one of Central Ohio's fastest-growing markets. Potential exists for continued operation, modernization, expanded product offerings, and long-term ownership of the underlying commercial real estate asset.

Location

State OH

County Licking

Community Downtown Newark

Area 0.23

Rooms

Other Rooms None

Dining Room No

Interior

Equipment No

Laundry No Laundry Rooms

Others

Tax ID 054-270120-00.000

Acceptable Financing Owner Financing, Conventional

Listing Terms Owner Financing, Conventional

Listed by Rudolph V Stefanitsis Red 1 Realty

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Mainstream Realty Pros

Mainstream Realty Pros

Your Family. Your Investment. Your Home. | BRKP.2015001125

+1(614) 434-8150

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mainstream Realty Pros, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

340 Mount Vernon Road

QUICK SEARCH