Multi-Tenant Professional Office
For Sale
$1,550,000
195 Union St, Newark, OH 43055
Multi-tenant professional office building is fully leased, with planned parking lot asphalt improvements scheduled for summer 2026.
Property Size34,880 SF
Price / SF$44.44
Days on Market48
Property Features for 195 Union St
General Information
Standard status
Active
Size
34,880 SF
Listing Agency:
Shai-Hess Commerical Real Estate, LLC
Listed By:
Joseph Gebhart · License #2005015521
(740) 587-7441
Source:
Dreamcolumbus
Added: Jul 27
Changed: Sep 8
Last Checked: Sep 11 at 1:47PM
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 Shai-Hess Commerical Real Estate, LLC
Investment Insights
Based on property information with market context.
This for-sale multi-tenant professional office building totals 30,692± square feet and is described as fully leased and generating consistent income. The offering is positioned as an income-producing investment, with the list price referencing a 9% CAP rate. Financials and a current rent roll are available upon execution of a signed NDA.
The property is located at 195 Union St in Newark, OH 43055. Planned parking lot asphalt improvements are scheduled for summer 2026, intended to support long-term functionality for tenants and visitors.
The property is located at 195 Union St in Newark, OH 43055. Planned parking lot asphalt improvements are scheduled for summer 2026, intended to support long-term functionality for tenants and visitors.
Key Highlights
- 30,692± SF multi‑tenant professional office building
- Fully leased with consistent income
- List price reflects a 9% CAP rate
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
332
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant professional office building is fully leased, with planned parking lot asphalt improvements scheduled for summer 2026.
Where is this office building located?
The property is located at 195 Union St Newark, OH.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 30,692± SF multi‑tenant professional office building; Fully leased with consistent income; List price reflects a 9% CAP rate
