Newark Commerce
195 Union Street, Newark, OH 43055
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
Building Details
- For Sale $1,550,000
- Property Type Office - General Office
- Property Size 30,692 SF
- Lot Size 2.08 Acre
- Additional Rent Price on request
- Parking Spaces Avail. 110
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1955
- Date Updated Oct 16, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Shai-Hess Commercial Real Estate
Location
- City Newark, OH
- Zip Code 43055
- Market Columbus
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Walk score 52/100 Somewhat Walkable
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Bike score 44/100 Somewhat Bikeable
Points of Interest
BP
0.07 miles
Speedway
1.49 miles
Turkey Hill
1.49 miles
GetGo
1.55 miles
Duchess
1.74 miles
Budget
2.41 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
McDonald's
0.34 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
Giant Eagle
0.96 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 Fire Station 1
0.97 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
Listing Summary
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Property Financials 195 Union Street is currently listed for sale at $1,550,000 for a price per square foot of $50.5.
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Property Details 195 Union Street totals 30,692 square feet of Office space on a lot spanning 2.08 acres.
The property was initially built in 1955. Based on its location, amenities, and finishes, the property is listed as class B.
Tenancy at 195 Union Street is listed as Multi-Tenant. There are a total of 110 parking spaces available onsite.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 52, indicating that it is somewhat walkable.
Shai-Hess Commercial Real Estate