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For Sale

Newark Commerce

195 Union Street, Newark, OH 43055

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.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.

Key features

  • 30,692± SF multi-tenant professional office building
  • Attractive 9% CAP rate at list price
  • Financials & current rent roll available with signed NDA
  • Fully leased with consistent in-place income
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Brandon Hess

Shai-Hess Commercial Real Estate

Building Details

  • For Sale $1,550,000
  • Property Type Office - General Office
  • Property Size 30,692 SF
  • Lot Size 2.08 Acre
  • Parking Spaces Avail. 110
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1955
  • Date Updated May 18, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (52)
  • Bike Score ®

    Somewhat Bikeable (44)
Powered by Walk Score ®

Location

  • City Newark, OH
  • Zip Code 43055
  • Market Columbus
  • Map
  • Street

Points of Interest

Speedway

1.49 miles

Turkey Hill

1.49 miles

GetGo

1.55 miles

Duchess

1.74 miles

Lighthouse Carwash

2.55 miles

Enterprise Rent-a-Car

3.32 miles

Lancer Car Wash

6.68 miles

Truckomat Truck Wash

9.79 miles

Dairy Isle

0.62 miles

WingStreet

0.63 miles

Pizza Hut

0.63 miles

Marco's Pizza

0.84 miles

Chipotle

0.86 miles

Wendy's

0.87 miles

Donatos Pizza

0.88 miles

Arby's

0.89 miles

Fazoli's

0.91 miles

Big Lots

1.16 miles

JCPenney

1.85 miles

Indian Mound Mall

1.86 miles

Sears

1.87 miles

Target

1.99 miles

Kroger

2.04 miles

Gordon Food Service

2.11 miles

TJ Maxx

2.11 miles

ALDI

2.13 miles

Newark Police Department

1.00 miles

Fire Station Number 3

1.11 miles

Walgreens

1.55 miles

Licking Memorial Hospital

1.64 miles

Heath Fire Station 52

1.70 miles

Shepherd Hill Hospital

1.84 miles

Fire Station Number 2

1.88 miles

Select Specialty Hospital Southeast Ohio

2.38 miles

Heath Firestation

2.45 miles

195 Union Street Listing Summary

  • What is the asking price at Newark Commerce?

    Newark Commerce is currently listed for sale at Contact for pricing.

  • What is the total size of Newark Commerce?

    Newark Commerce has a total of 30,692 square feet.

  • What is the year built for Newark Commerce?

    The year built for Newark Commerce is 1955.

Contact Listing Broker
broker
Brandon Hess

Shai-Hess Commercial Real Estate

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