1675-1699 Mount Vernon Road Newark, OH $ 6,200,000
1675-1699 Mount Vernon Road
$ 6,200,000
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1675-1699 Mount Vernon Road

Newark, OH, 43055
$ 6,200,000
Baths0.0

Monthly Estimate*

$ 38,174

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Studio

Multi-Family Home for sale in Newark, OH

for $6,200,000. This home was built in 1991 on a lot size of 6.95.

North 13 Mini Storage & Field Pointe Townhomes and Storage Introducing a prime investment opportunity! This well-maintained, multi-income property offers a rare combination of self-storage, multifamily, office, and residential components across just under 7 acres. The asset includes multiple buildings totaling 45,385 SF, approximately 180 storage units across 5 buildings, 40 one-bedroom apartments within 10 apartment buildings, a 1,523 SF management office, and two quality homes on site. The main residence is an immaculate 4,200 SF home with 3 bedrooms, 2.5 baths, an attached garage, multiple outdoor living spaces, and a new roof in 2024. A second ranch-style home offers approximately 2,274 SF with 3 bedrooms, 2 full baths, and a garage. The property has been meticulously managed and is exceptionally well kept, with all storage units monitored by security cameras, asphalt resurfaced in 2023, and roof replacements scheduled for early summer 2026 for all buildings except the main home, which was reroofed in 2024. The office space, currently used for management, includes a reception area, three private offices, two restrooms, a conference room, and additional back storage, offering potential for future lease income. With no outside storage currently in place and additional undeveloped land available for possible future income-producing use, this property presents a highly versatile opportunity for a self-storage or multifamily investor seeking a stabilized, well-cared-for asset with expansion potential. North 13 Mini Storage & Field Pointe Townhomes and Storage offers a strategic location along SR-13 in Newark, OH, providing high visibility and easy access. Positioned within a strong industrial and self-storage corridor, the property benefits from proximity to major transportation routes, commercial centers, retail, dining, and outdoor attractions. The blend of industrial accessibility and residential convenience creates a compelling opportunity.

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Multi-Family Active

Price

$ 6,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 19,444

Style

Lot Size

6.95

Year Built

1991

Town/City

Newark

County/Region

Licking

MLS | Web ID

226013418

Features
General
Sewer Public Sewer
Year Built 1991
Township None
Property Subtype Mixed Use
Tax Year 2025
Gross Income 0.0
Additional Parcels Description 054-286554-02.001 054-286554-02.000
County Licking
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Possible Use Commercial
Status Active
City Newark
High School District NEWARK CSD 4507 LIC CO.
Number Of Units Total 220
Lot Size Square Feet 302742.0
Land Lease Y/N N
Tax Annual Amount 19444.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Water Source Public
Lot Size Area 6.95
Spa N
Lot Size Acres 6.95
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 16751699
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* Excluded Features
List By
Joseph Gebhart

Listing Agent

Shai-Hess Commerical Real Estate, Llc

Broker

jgebhart@shai-hess.com

Email

Affordability Calculator

$39,795
Per Month
96%
4%
0%
Monthly Principal & Interest
$38,174
Monthly Property Taxes
$1,620
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421185 Elementary School
1421191 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$6,200,000 Listed Price

Map


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1675-1699 Mount Vernon Road, Newark, OH, 43055 is a Multi-Family Home for sale at $6,200,000 with a lot size of 6.95. 1675-1699 Mount Vernon Road is a studio with 0.0 baths and was built in 1991. The property's zip code is 43055 which is in Newark, OH