1675-1699 Mount Vernon Road
Newark, OH, 43055 $ 6,200,000
Baths0.0 Monthly Estimate*
$ 38,174
Studio 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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FeaturesGeneralSewer 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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ExteriorWater 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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* Excluded FeaturesList ByJoseph GebhartListing Agent
Shai-Hess Commerical Real Estate, LlcBroker
jgebhart@shai-hess.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Newark, OH
Average List Price $870,360
Percent of Sale Price 86%
About Newark, OH 49,074 Population
5% Since 2002
$ 40,277 Median Income
38.41 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1421185 Elementary School
1421191 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/23/2026 | $6,200,000 | | Listed Price |