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340 Mount Vernon RoadNewark, OH 43055

Commercial - Retail MLS 226020023 New to the Market
Active $599,900
  • 340 Mount Vernon Road, Newark, OH 43055 Photo 1
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Listed By

Agency Name: Red 1 Realty
Agent Name: Rudolph V Stefanitsis
Agency Phone: 614-585-9020

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Shown By

Agent Name: Kim Mills
Agent Phone: (614) 439-9132
Agency Title: Cutler Real Estate

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Property Description

Commercial real estate and established carryout business offered together in Newark, Ohio. Sale includes the commercial building, operating business, C1/C2 beer and wine permits, inventory, equipment, fixtures, and attached tenant space.Situated on approximately 0.45 acres with LC (Limited Commercial) zoning, the property offers flexibility for a variety of commercial uses. Located less than three minutes from Downtown Newark with convenient access to State Route 16 and the greater Columbus region.The property benefits from multiple revenue sources, including retail sales, beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop. The attached tenant currently occupies a portion of the building, creating an additional income stream.Located within Newark CRA #1 and Commercial TIF District 7-2, the property is positioned within an area experiencing significant public and private investment. Licking County continues to benefit from substantial economic growth driven by semiconductor manufacturing, advanced manufacturing, technology investment, housing development, and infrastructure improvements throughout the Silicon Heartland region.This offering presents an opportunity to acquire commercial real estate and an established operating business in one of Central Ohio's fastest-growing markets. Potential exists for continued operation, modernization, expanded product offerings, and long-term ownership of the underlying commercial real estate asset.

340 Mount Vernon Road | MLS# 226020023

This commercial property located at 340 Mount Vernon Road, Newark, OH 43055 is currently listed for sale with an asking price of $599,900. Search Newark real estate on www.sellwithmills.com today.

Property Features

Property Type: Commercial - Retail
Days on Market: 7
Lot Size: 0.23 Acres
Taxes: $2,747
Year Built: 1953

Feature Descriptions

Parcel #: 054-270120-00.000
Utilities: Sewer Available, Natural Gas Available, Electricity Available

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