44 S 29th Street Newark, Newark, OH 43055
For sale medical office space with four treatment rooms, renovated in 2024, plus waiting, reception, and staff areas.
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 4:09 am
Property Features for 44 S 29th Street Newark
General Information
- Standard status
- Active
- Size
- 1,430 SF
Building Details
- Year Built
- 1958
Listing office (614) 660-5959
Listing date Jul 7, 2026
Source Movenowohio
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 Penny Ray
HighLights
- Med spa/medical office with 4 treatment rooms
- Renovated in 2024
- Includes spacious waiting area, reception, and bathroom
- Kitchen with fridge and microwave plus office areas
- Public water service
- 0.33‑acre lot with 1,430 total building area
Overview
The building underwent renovation in 2024, updating the interior for current business use. It is being offered for sale only, with no lease.
With four dedicated treatment rooms and multiple support spaces for reception and administration, the property is well suited for an operator seeking a ready-to-run med spa, salon/medical office hybrid, or similar healthcare-oriented user. Prospective buyers should plan to use the existing configuration, including the treatment room count and front reception/waiting flow, to support their service model from day one.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.2k | $26.04 |
| − Vacancy | −$2.1k | −$1.46 |
| EGI | $35.2k | $24.58 |
| − OpEx | −$14.1k | −$9.83 |
| NOI | $21.1k | $14.75 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Lisa M. Hicks, Lac — 225 S 21st St, Newark, OH 43055
- New Phases Cosmetics — 1339 W Main St, Newark, OH 43055
- Wei Acupuncture of Newark — 225 S 21st St ste c, Newark, OH 43055
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Licking
- State
- Ohio
- Longitude
- -82.4400386
- Latitude
- 40.0478432
