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Industrial Flex Building with Overhead Cranes
For Sale
$739,500

15 E National Drive Newark, Newark, OH 43055

Multi-unit industrial flex property with overhead cranes, multiple overhead doors, and ample parking for equipment operations.

Property Size13,648 SF
Lot Size2.89 Acres
Price / SF$54.18
Days on Market46

Property Features for 15 E National Drive Newark

General Information

Standard status Active
Size 13,648 SF
Total Parking Spaces 60
Lot size 2.89 Acres
Occupancy 100%
Net Operating Income $82,600

Warehouse & Industrial

Drive-In Doors 6
Heavy Power Yes

Taxes and HOA fees

Annual Taxes $5,723

Amenities

No
Public
2.89
60.0
13648.0

Building Details

Building Size 13,648 SF
Year Built 1975
Stories 1
Listing Agency:
Listed By: Penny Ray
Source: Movenowohio
Added: Jul 7 Changed: Aug 14 Last Checked: Aug 21 at 4:08AM

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 Penny Ray

Investment Insights

Based on property information with market context.

This industrial flex property is configured as 7 versatile units on 2.89 acres, designed to support a range of light manufacturing, service, or warehouse requirements. The facility includes three-phase power, a drainage floor system, and painted surfaces suitable for industrial use, highlighted by a paint spray booth. Building improvements and support areas include several bathrooms, a shower, and a kitchenette, along with dedicated office space and a waiting room. Operational equipment features include two overhead cranes rated at 20 tons each, a 10-ton car lift, a large commercial air compressor, and 6 overhead doors to facilitate loading and workflow.

The property provides over 60 parking spaces, with ample room for semi-truck entrance and turnaround. City work has been completed on new sidewalks and drainage. It is currently listed with 100% occupancy.

For tenants or buyers seeking an industrial setup with built-in mechanical capacity and flexible unit configuration, the combination of overhead crane capacity, loading access via multiple overhead doors, and onsite industrial support spaces can help streamline day-to-day operations. The presence of both office and waiting space supports businesses that need customer or administrative interface in addition to shop or warehouse functions.

Key Highlights

  • 2.89‑acre commercial property built in 1975 with 7 versatile units and 13,648 SF total building area
  • Over 60 parking spots, with ample room for semi‑truck entrance and turnaround
  • Three‑phase power plus 2 overhead cranes with 20‑ton lifting capacity each and a 10‑ton car lift

Property Analytics

Current Use

Amy Electric Inc. Electrical Service Forgrave Auto Body ... Auto Repair Shop Litten Plumbing Heating ... General Contractor

Suggested Use

Top Pick Dental Office Parking Lot & Garage Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Drive-in doors
100%
Occupancy
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby
Balanced
Demand for This Use

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-unit industrial flex property with overhead cranes, multiple overhead doors, and ample parking for equipment operations.
Where is this flex space located?
The property is located at 15 E National Drive Newark Newark, OH.
What is the asking price?
The asking price for this property is $739,500.
What are key features of this property?
This property features: 2.89‑acre commercial property built in 1975 with 7 versatile units and 13,648 SF total building area; Over 60 parking spots, with ample room for semi‑truck entrance and turnaround; Three‑phase power plus 2 overhead cranes with 20‑ton lifting capacity each and a 10‑ton car lift
More about this property
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