Multi-Tenant Strip
For Sale
$1,600,000
225 - 235 South 21st Street, Newark, OH 43055
Occupied commercial property with diversified tenancy, General Commercial zoning, and access to established residential and retail surroundings.
Property Size21,300 SF
Days on Market109
Property Features for 225 - 235 South 21st Street
General Information
Standard status
Active
Size
21,300 SF
Property subtype
Retail - Strip
Building Details
Building Size
21,300 SF
Listing Agency:
Shai-Hess Commercial Real Estate
(740) 587-7441
Listed By:
Brandon Hess
Source:
Commercialcafe
Added: May 14
Changed: Aug 30
Last Checked: Aug 30 at 1:29PM
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 Commercial Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant retail property includes a 21,300-square-foot strip center on approximately 1.88 acres. The building is occupied by 10 tenants and offers a diversified rent roll within a General Commercial zoning framework. On-site parking, convenient circulation, and a corner-lot layout support access for individual occupants and visitors. The property produces a 10%+ cap rate, and 2025 and YTD 2026 financials are available with a signed NDA.
Located at 225–235 South 21st Street in Newark, the property sits across from Hopewell Ceremonial Earthworks, Ohio’s first UNESCO World Heritage Site. The surrounding area includes residential neighborhoods, dining, and retail options. The sale is subject to the seller splitting off 1 acre of the parcel.
Located at 225–235 South 21st Street in Newark, the property sits across from Hopewell Ceremonial Earthworks, Ohio’s first UNESCO World Heritage Site. The surrounding area includes residential neighborhoods, dining, and retail options. The sale is subject to the seller splitting off 1 acre of the parcel.
Key Highlights
- 21,300 SF strip center on approximately 1.88 acres
- 10 current tenants provide a diversified rent roll
- 10%+ cap rate with 2025 and YTD 2026 financials available under signed NDA
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
269
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Occupied commercial property with diversified tenancy, General Commercial zoning, and access to established residential and retail surroundings.
Where is this strip mall located?
The property is located at 225 - 235 South 21st Street Newark, OH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 21,300 SF strip center on approximately 1.88 acres; 10 current tenants provide a diversified rent roll; 10%+ cap rate with 2025 and YTD 2026 financials available under signed NDA
