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Two-Story Office Building
For Sale
$385,000

505 Mount Vernon Road, Newark, OH 43055

Commercial 447 office zoning and a four-office layout support professional business occupancy.

Property SizeContact for details
Days on Market42

Property Features for 505 Mount Vernon Road

General Information

Standard status Active
Listing Agency: Ohio Commercial Real Estate
Listed By: Tony M Yacoub · License #0000425186
Source: Maryhatem
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 7:06PM

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 Ohio Commercial Real Estate

Investment Insights

Based on property information with market context.

This two-story brick office building was constructed in 1965 and is arranged as four separate offices. The property occupies 0.40 acres and includes 18 parking spaces. Prior professional office users included attorneys, counselors, and other practitioners, with the existing configuration suited to office-based operations.

Commercial 447 office zoning is in place, and the property fronts Route 13, identified in the source as Mount Vernon Avenue. Licking Memorial Hospital is 3.6 miles away, while New Albany is 24 miles from the property. The remarks also identify potential applications including financial services, insurance, law, counseling, medical, marketing, sales, coffee service, and massage therapy.

Key Highlights

  • Two‑story brick office building constructed in 1965
  • Four separate offices within the building
  • 0.40 Acres of land

Property Analytics

Current Use

Sarah J. Wolske ... Law Firm M J Fine ... Law Firm PHILIP PROCTOR ATTORNEY ... Law Firm Associates In Counseling Counselor Connections of Hope Counselor

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Dental Office Furniture & Home Goods Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Commercial 447 office zoning and a four-office layout support professional business occupancy.
Where is this office building located?
The property is located at 505 Mount Vernon Road Newark, OH.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑story brick office building constructed in 1965; Four separate offices within the building; 0.40 Acres of land
More about this property
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