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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.

Copyright: 2026 by Columbus and Central Ohio Regional MLS. All rights reserved.

 

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