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1675-1699 Mount Vernon Road, Newark, OH 43055

$6,200,000
  • 1675-1699 Mount Vernon Road, Newark, OH 43055 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET20,440 MLS#226013418
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLNEWARK CITY

Property Description

North 13 Mini Storage & Field Pointe Townhomes and StorageIntroducing a prime investment opportunity! This well-maintained, multi-income property offers a rare combination of self-storage, multifamily, office, and residential components across just under 7 acres. The asset includes multiple buildings totaling 45,385 SF, approximately 180 storage units across 5 buildings, 40 one-bedroom apartments within 10 apartment buildings, a 1,523 SF management office, and two quality homes on site. The main residence is an immaculate 4,200 SF home with 3 bedrooms, 2.5 baths, an attached garage, multiple outdoor living spaces, and a new roof in 2024. A second ranch-style home offers approximately 2,274 SF with 3 bedrooms, 2 full baths, and a garage.The property has been meticulously managed and is exceptionally well kept, with all storage units monitored by security cameras, asphalt resurfaced in 2023, and roof replacements scheduled for early summer 2026 for all buildings except the main home, which was reroofed in 2024. The office space, currently used for management, includes a reception area, three private offices, two restrooms, a conference room, and additional back storage, offering potential for future lease income. With no outside storage currently in place and additional undeveloped land available for possible future income-producing use, this property presents a highly versatile opportunity for a self-storage or multifamily investor seeking a stabilized, well-cared-for asset with expansion potential.North 13 Mini Storage & Field Pointe Townhomes and Storage offers a strategic location along SR-13 in Newark, OH, providing high visibility and easy access. Positioned within a strong industrial and self-storage corridor, the property benefits from proximity to major transportation routes, commercial centers, retail, dining, and outdoor attractions. The blend of industrial accessibility and residential convenience creates a compelling opportunity.

1675-1699 Mount Vernon Road | MLS# 226013418

This multi-family property located at 1675-1699 Mount Vernon Road, Newark, OH 43055 is currently listed for sale with an asking price of $6,200,000. 1675-1699 Mount Vernon Road is located within the NEWARK CITY school district. Search Newark real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 6.95 Acres
Taxes: $19,444
Year Built: 1991

Feature Descriptions

Days on Site: 5
Parcel #: 096-292176-00.000

Local Schools

School District: NEWARK CITY

Listed By / Shown By

Listed By

Agency Name: Shai-Hess Commerical Real Estate, LLC
Agency Phone: 740-587-7441
Agent Name: Joseph Gebhart

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 38,109.71 per month $34,681.04 Principal & Interest $1,620.33 Property Tax $1,808.33 Homeowner's Insurance

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