Mt Vernon Rd Rd Newark, OH 43055

Property Details for Mt Vernon Rd Rd

Lot size

47.43 lot acres

Property type

Mixed-use properties

Description

This exceptional mixed-use property presents a unique investment opportunity in Newark, OH. Spanning a total of 47.43 acres, the offering includes two well-maintained residential properties and significant commercial development potential. The first residence, located at 2028 Mt. Vernon Road, is a charming two-story home boasting 1,894 square feet of living space. This home features three bedrooms, one full bathroom, a convenient main floor laundry, and an expansive three-bay workshop with a semi-attached hunting/workshop area. An open living area adds to the home's appeal. Note that the fireplace mantel is excluded from the sale. The second residence, situated at 2076 Mt. Vernon Road, is a comfortable ranch-style home encompassing four bedrooms and three full bathrooms. A fully finished basement provides additional living space, including a fourth bedroom and a third bathroom. This 1.796-acre parcel also includes a large barn, a separate cottage, and a detached two-car garage. Beyond the residential components, a significant portion of the property (approximately 43.73 acres) consists of vacant farmland currently used as a campsite with readily available electricity, situated steps from a river, ideal for fishing and camping. The entire property is zoned commercial, offering substantial potential for future development. This rare combination of residential and commercial land presents a compelling opportunity for investors seeking a diverse portfolio or developers envisioning a unique project. The property's location and existing structures provide a solid foundation for a variety of ventures.

Location Insight

City

Newark

County

Licking

State

Ohio

Longitude

-82.4066

Latitude

40.0621