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Seven-Unit Manufacturing Property
For Sale
$698,000

15 E National Dr, Newark, OH 43055

Multi-unit industrial property with heavy-duty equipment, three-phase power, and operational features for manufacturing uses.

Property Size13,648 SF
Lot Size2.89 Acres
Price / SF$51.14
Days on Market30

Property Features for 15 E National Dr

General Information

Standard status Active
Size 13,648 SF
Lot size 2.89 Acres
Occupancy 100%

Additional Details

Three-Phase Power Yes

Amenities

overhead cranes
car lift
commercial air compressor
bathrooms
shower
kitchenette
dedicated office space
waiting room
drainage floor system
paint spray booth

Building Details

Year Built 1975
Listing Agency: Howard Hanna Real Estate Svcs
Listed By: Amanda Smith
Source: Thelorilynngroup
Added: Sep 7 Changed: Sep 28 Last Checked: Oct 5 at 7:47PM

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 Howard Hanna Real Estate Svcs

Investment Insights

Based on property information with market context.

This manufacturing property comprises 7 units on 2.89 acres and was built in 1975. The improvements include three-phase power, 2 overhead cranes with a 20-ton lifting capacity, a 10-ton car lift, a commercial air compressor, 6 overhead doors, and a paint spray booth. Several bathrooms, a shower, kitchenette, dedicated office space, waiting room, and a drainage floor system support day-to-day operations.

The site provides over 60+ parking spots and accommodates semi-truck entry and turnaround. City-completed sidewalk and drainage improvements are also in place. The property currently reports a 100% occupancy rate and is located at 15 E National Dr in Newark, Ohio.

Key Highlights

  • 7 versatile units across 2.89 acres
  • 2 overhead cranes with a 20‑ton lifting capacity
  • 10‑ton car lift, commercial air compressor, and paint spray booth

Property Analytics

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Current Use

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

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic Nail Salon

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Multi-unit industrial property with heavy-duty equipment, three-phase power, and operational features for manufacturing uses.
Where is this manufacturing property located?
The property is located at 15 E National Dr Newark, OH.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: 7 versatile units across 2.89 acres; 2 overhead cranes with a 20‑ton lifting capacity; 10‑ton car lift, commercial air compressor, and paint spray booth
More about this property
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