195 Union Street, Newark, OH

$1,550,000

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2.01

Acres

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

OfficeJoseph Gebhart 740-334-2863 of Shai-hess Commerical Real Estate, Llc 740-587-7441

Listing Map

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