195 Union St Newark, OH 43055
For Sale
1 / 12
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.