




0 Baths
34,880 sqft
$1,550,000
195 Union Street, Newark OH, 43055
Price per sqft$44.44
Property size34,880 sqft
Property typeCommercial
Courtesy of Joseph Gebhart - Shai-Hess Commerical Real Estate, LLC
Overview
Active
Listed Feb 23, 2026
Updated Aug 27
An outstanding investment opportunity awaits! This 30,692± SF multi-tenant professional office building presents an attractive proposition for investors. Fully leased and generating consistent income, the property offers strong stability and long-term value. The list price reflects an 9% CAP rate, providing a compelling return profile for qualified buyers. Planned parking lot asphalt improvements are scheduled for summer 2026, further supporting the property's long-term appeal and functionality. Financials and a current rent roll are available upon execution of a signed NDA, offering a complete picture of performance and revenue potential. This well-positioned asset makes a strategic and reliable addition to any investment portfolio.
Located just off the Grant Street exit on SR-79, 195 Union Street offers exceptional accessibility and convenience for office users. This well-positioned location provides quick and easy access to downtown Newark, placing your business just minutes from government offices, financial institutions, dining, and everyday services. Its central setting supports strong connectivity while maintaining a professional and easily reachable address, making it an ideal choice for businesses that value efficiency, visibility, and convenience.
Fully leased with consistent in-place income
30,692± SF multi-tenant professional office building
Attractive 8% CAP rate at list price
Financials & current rent roll available with signed NDA
Additional information
- MLS® ID
- 226005110
Interior Features
- Bathrooms
- 0
- Basement
- No
Exterior Features
- Lot Size
- 2.01 Acres
Other Property Details
- Taxes
- $10,506
- Tax Frequency
- Annually
Courtesy of Joseph Gebhart - Shai-Hess Commerical Real Estate, LLC
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Vutech and Ruff shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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