Mixed-Use Property with
For Sale
Contact for pricing
Pending
1863 Cherry Valley Road, Newark, OH 43055
The building combines apartment residences with a separate storefront component and individually metered utilities.
Property SizeContact for details
Days on Market286
Property Features for 1863 Cherry Valley Road
General Information
Standard status
Pending
Total Parking Spaces
20
Property subtype
Multifamily, Mixed Use
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 2BR, 2 x 1BR
Multifamily Units
6
Building Details
Year Built
1969
Units
7
Listing Agency:
e-Merge Real Estate
Listed By:
Robert Panian · License #2015003734
Source:
Crexi
Added: Nov 18, 2025
Changed: Aug 31
Last Checked: Aug 31 at 1:02AM
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 e-Merge Real Estate
Investment Insights
Based on property information with market context.
Built in 1969, this mixed-use property includes six apartments alongside a storefront component. The residential layout comprises four two-bedroom apartments and two one-bedroom apartments, providing a defined mix of unit configurations within the building.
Each apartment is separately metered, and residents pay their own water, gas, and electric service. Property improvements include a new roof installed in 2020. Apartment showings require curb offers to minimize disruption to occupants.
Each apartment is separately metered, and residents pay their own water, gas, and electric service. Property improvements include a new roof installed in 2020. Apartment showings require curb offers to minimize disruption to occupants.
Key Highlights
- Six apartments plus a storefront
- Residential mix includes four two‑bedroom units and two one‑bedroom units
- Apartments are individually metered
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines apartment residences with a separate storefront component and individually metered utilities.
Where is this mixed-use property located?
The property is located at 1863 Cherry Valley Road Newark, OH.
What are key features of this property?
This property features: Six apartments plus a storefront; Residential mix includes four two‑bedroom units and two one‑bedroom units; Apartments are individually metered
