505 Mount Vernon Road Newark, OH $ 385,000
505 Mount Vernon Road
$ 385,000
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505 Mount Vernon Road

Newark, OH, 43055
$ 385,000
Bedrooms-- Baths-- Sq 4,800
505 Mount Vernon Road, Newark, OH 43055 - Image 1
505 Mount Vernon Road, Newark, OH 43055 - Image 2

Property for Rent in Newark, OH

for $385,000. This 4,800 square foot property was built in 1967 on a lot size of 0.4.

Up for grabs: this 4800 square feet brick office building, previously used by attorneys, counselors, and other professionals. This unique property is ideal for a variety of businesses, including financial services, insurance agencies, law firms, counseling services, medical practices, marketing, or sales offices. Its prominent corner location also makes it suitable for a coffee bar or massage therapy studio. Excellent cash-on-cash & CAP rate once leased. * Zoning: - Commercial 447 -Office * Building Size: 4200 SF | 2-story * Land Size: 0.40 Acres * Year Built: 1965 * Layout: 4 separate offices * Parking: 18 Spaces * Great Access & Location: Right on rt 13 (Mount Vernon Ave.). * 3.6 Miles from Licking Memorial Hospital. * 24 Miles to New Albany

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Rental Active

Price

$ 385,000

Taxes

$ 4,854

Style

Multi Tenant

Lot Size

0.4

Year Built

1967

Town/City

Newark

County/Region

Licking

MLS | Web ID

226005346

Features
Exterior
Total Parking 18.0
Lot Size Area 0.4
Spa N
Building Area Total 4800.0
Lot Size Acres 0.4
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1967
Tenant Pays Repairs All Utilities All Insurance Cam Janitorial Service Taxes
Stories Count 1
Township None
Property Subtype Office
Tax Year 2024
Gross Income 28800.0
County Licking
Net Operating Income 28800.0
Operating Expense 0.0
Property Type Commercial Lease
Possible Use Commercial
Status Active
City Newark
Zoning Description Commercial
Lot Size Square Feet 17424.0
Land Lease Y/N N
Tax Annual Amount 4854.0
Property Condition Fixer
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Structure Type Multi Tenant
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
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Interior
Total Baths 0
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Tony M Yacoub

Listing Agent

Ohio Commercial Real Estate

Broker

TonyYacoub@sbcglobal.net

Email

Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$385,000 Listed Price

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505 Mount Vernon Road, Newark, OH, 43055 is a Property for Rent at $385,000 with 4,800 sqft and a lot size of 0.4. 505 Mount Vernon Road was built in 1967. The property's zip code is 43055 which is in Newark, OH