www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30055888
30055889

505 Mt Vernon Rd, Newark, OH 43055

TY
OH 0000425186
Ohio Commercial Real Estate
Listed by Ohio Commercial Real Estate
$385,000
91 days on market
Updated 36 days ago

505 Mt Vernon Rd

Details
APN 054-259776-00.000
Property Type Office, Mixed Use (+1)
Sub Type Executive Office
Square Footage 4,800
Tenancy Vacant
Lease Type Modified
Price per SqFt $80
Class C
Year Built 1965
Stories 2
Acreage 0.400
Zoning Commercial
Parking Spaces 18 spaces
Parking Per SqFt 3.75
Investment Type Value Add
Ground Lease No
Sale Condition N/A

Corner Lot, ideal for coffee shop, of a Very busy road

Marketing description

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, Ideal location for Starbucks or a Massage Therapy Studio.

Investment highlights

  • 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

Listing Contacts

TY
OH 0000425186
Ohio Commercial Real Estate
Listed by Ohio Commercial Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Tony Yacoub, CCIM
License
0000425186
Brokerage Phone
614-890-7653
Title
OH
Brokerage Address
South Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591