Grocery Store with Attached
For Sale
$425,000
340 Mount Vernon Road, Newark, OH 43055
Commercial Sale, Newark, OH
Property Size2,576 SF
Lot Size0.23 Acres
Price / SF$164.98
Days on Market98
Property Features for 340 Mount Vernon Road
General Information
Property type
Residential
Property subtype
Retail
Subdivision
Downtown Newark
Standard status
Active
APN
054-270120-00.000
Size
2,576 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2747
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Building Details
Year built
1953
Floors in Building
1
Listing Agency:
Red 1 Realty
(614) 585-9020
Listed By:
Rudolph V Stefanitsis · License #2013004397
(614) 679-0397
Added: May 28
Changed: Sep 2
Last Checked: Sep 2 at 12:06PM
MLS# 226020023
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Newark property combines a 2,576-square-foot commercial building with an operating carryout business and an attached tenant area. The sale includes inventory, equipment, fixtures, and C1/C2 beer and wine permits. The business also generates retail, beer and wine, and lottery sales, while the attached pizza and sub shop contributes tenant income.
The property at 340 Mount Vernon Road is less than three minutes from Downtown Newark, with access to State Route 16 and the broader Columbus region. It carries LC (Limited Commercial) zoning and is within Newark CRA #1 and Commercial TIF District 7-2. Built in 1953, the building has natural gas available and public sewer service.
The property at 340 Mount Vernon Road is less than three minutes from Downtown Newark, with access to State Route 16 and the broader Columbus region. It carries LC (Limited Commercial) zoning and is within Newark CRA #1 and Commercial TIF District 7-2. Built in 1953, the building has natural gas available and public sewer service.
Key Highlights
- 2,576‑square‑foot commercial building built in 1953
- Operating carryout business included with inventory, equipment, and fixtures
- C1/C2 beer and wine permits included
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Under-served
Demand for This Use
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?
Grocery and convenience store - Operating retail business includes beer and wine permits, inventory, equipment, fixtures, and a separately occupied commercial space.
Where is this grocery and convenience store located?
The property is located at 340 Mount Vernon Road Newark, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,576‑square‑foot commercial building built in 1953; Operating carryout business included with inventory, equipment, and fixtures; C1/C2 beer and wine permits included
