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1012 - 1066 Mount Vernon Road Newark, OH 43055

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For Sale
$2,500,000

44,000 SF retail strip center anchored by Family Dollar.

Type:Retail
Property size:
44,000 SF
Lot size:
4.26 Acres
Added:
Mar 6, 2026
Days on Market:
26
Last Refresh:
Mar 25 at 11:55 pm

Property Features for 1012 - 1066 Mount Vernon Road

General Information

Standard status
Active
Size
44,000 SF
Lot size
4.26 Acres
Property subtype
Retail

Building Details

Year Built
1964

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Listing Contact
Steve Layman

Listing agent Steve Layman

Listing office

Listing date Mar 6, 2026

Source Shai-hess

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Steve Layman


Overview

Retail Strip Center Investment Opportunity

This 44,000± SF retail strip center, anchored by Family Dollar, presents a retail investment opportunity with potential for increased value. Situated on 4.26± acres and zoned General Commercial, the property offers long-term versatility for investors or owner-users. The center features prominent building and road signage, along with a large parking lot providing over 250 spaces. The layout is flexible, accommodating multiple tenant configurations. A 3,600 SF suite is currently available, presenting an opportunity for an owner-user, particularly suited for a small restaurant. The property is located along Mount Vernon Road near the Deo Drive intersection, providing visibility and exposure to daily traffic. Its frontage supports high-impact signage and brand recognition. Positioned within an established commercial corridor near residential areas, the location benefits from consistent activity and long-term demand drivers for retail investment. There is a total of 10,000 SF available, including three 1,600 SF units. The gross monthly income, with 70% occupancy, is $25,400.
Location Intelligence

Current Use by Public Records

Colonial Tavern Bar & Pub

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
Licking
State
Ohio
Longitude
-82.4164
Latitude
40.0844

FAQs

What type of property is this?
Strip mall - 44,000 SF retail strip center anchored by Family Dollar.
Where is this strip mall located?
The property is located at 1012 - 1066 Mount Vernon Road Newark, OH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Anchored by Family Dollar for built‑in stability.; Strong owner‑user opportunity with a 3,600 SF available suite, ideal for a small restaurant.; High visibility location on heavily trafficked Mount Vernon Road with prominent signage.
More about this property
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