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Mixed-Use Property with Storage
For Sale
$6,200,000

16751699 1675-1699 Mount Vernon Rd, Newark, OH 43055

Multi-component property combining self-storage, apartments, office space, and two on-site homes along SR-13.

Property SizeContact for details
Days on Market27

Property Features for 16751699 1675-1699 Mount Vernon Rd

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1991
Listing Agency: Shai-Hess Commerical Real Estate, LLC
Listed By: Joseph Gebhart · License #2005015521
Source: Thelorilynngroup
Added: Aug 4 Changed: Aug 29 Last Checked: Aug 29 at 9:06AM

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 Shai-Hess Commerical Real Estate, LLC

Investment Insights

Based on property information with market context.

Built in 1991, this mixed-use property brings together self-storage, multifamily, office, and residential improvements on just under 7 acres. The buildings total 45,385 SF and include approximately 180 storage units across 5 buildings, 40 one-bedroom apartments in 10 buildings, and a 1,523 SF management office. The office contains a reception area, three private offices, two restrooms, a conference room, and back storage. Two homes add residential depth, including a 4,200 SF main residence with 3 bedrooms, 2.5 baths, an attached garage, multiple outdoor living areas, and a roof installed in 2024. The second home is an approximately 2,274 SF ranch-style residence with 3 bedrooms, 2 full baths, and a garage.

Located at 1675-1699 Mount Vernon Rd in Newark, the property fronts SR-13 for visibility and access. Storage units are monitored by security cameras, the asphalt was resurfaced in 2023, and roof replacements for all buildings except the main home are scheduled for early summer 2026. Undeveloped land and no current outside storage leave room for possible future income-producing use.

Key Highlights

  • Just under 7 acres with 45,385 SF across multiple buildings
  • Approximately 180 storage units in 5 buildings
  • 40 one‑bedroom apartments across 10 apartment buildings

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Electrical Service Food Market

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

Location Intelligence

Trade Area within ½ mile

9
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

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?
Mixed-use property - Multi-component property combining self-storage, apartments, office space, and two on-site homes along SR-13.
Where is this mixed-use property located?
The property is located at 16751699 1675-1699 Mount Vernon Rd Newark, OH.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Just under 7 acres with 45,385 SF across multiple buildings; Approximately 180 storage units in 5 buildings; 40 one‑bedroom apartments across 10 apartment buildings
More about this property
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