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    195 Union St Newark, OH 43055
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    Property profile & analytics

    195 Union St Newark, OH 43055


    • Warehouses
    • 5,000 SF
    • 15.05 lot acres
    Multi-Tenant Office Building Investment For Sale
    $1,795,000
    30,692 SF

    Multi-Tenant Office Building Investment

    Fully leased office building with strong income and 8% CAP.

    195 Union Street, Newark, OH 43055
    View Listing
    Property ID
    US66-1977483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Equitas Health Newark / Gym & Fitness Center / Alternative Medicine Practice
    • The Center for New Beginnings / Domestic Abuse Treatment Center / Social Services Organization
    • The Buckeye Ranch - Newark / Foster Care Service / Social Service Agency
    • Baris Bonnie G / Foster Care Service / Social Service Agency
    • Capital Home Health Care / Home Health Care Service

    Property Details for 195 Union St

    Year built
    1962
    Lot size
    15.05 lot acres
    Property size
    5,000 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    054-217740-00.000
    APU
    5421774000000

    Description

    This exceptional single-tenant office building at 195 Union Street offers a total of 34,880 square feet on a 15.05 square foot lot, conveniently located near Wehrle Ave. The property features two available first-floor office suites within Suite F, ideal for a variety of businesses. Office 1, a 203-square-foot interior office, boasts a private entrance off the main hallway, while Office 2 offers 157 square feet of space with two walls of windows providing ample natural light. The gross rent for Office 1 is $450 per month, and Office 2 is $400 per month. Both suites benefit from the inclusion of all utilities in the rental price. Tenants also enjoy access to a shared conference room. Ample parking is available surrounding the building. Please note that this property is not suitable for insurance agencies, real estate companies, or financial planners. The property's Assessor's Parcel Number (APN) is 054-217740-00.000. This presents a unique opportunity for a small business seeking a well-maintained, convenient, and all-inclusive office space. The building is a single-suite property, offering a private and efficient work environment.


    Value Estimations

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    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4141
    Latitude
    40.0509
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,287
    $149,700
    $876,400
    $1,026,100
    -
    $427,700
    $2,504,000
    $2,931,700
    View Listing
    More about this property
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