About 195 Union Street
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. 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. Fully leased with consistent in-place income 30,692± SF multi-tenant professional office building Attractive 8% CAP rate at list price Financials & current rent roll available with signed NDA
Features of 195 Union Street
| MLS® # | 226005110 |
|---|---|
| Price | $1,550,000 |
| Acres | 2.01 |
| Type | Office |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 195 Union Street |
|---|---|
| Area | None |
| City | Newark |
| County | Licking |
| State | OH |
| Zip Code | 43055 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | February 23rd, 2026 |
|---|---|
| Days on Market | 201 |
Listing Details
| Office | Joseph Gebhart 740-334-2863 of Shai-hess Commerical Real Estate, Llc 740-587-7441 |
|---|
