$499,900
( $194.06Per Sq Foot )
 $3,326 est/mo Sourced by Back At You

340 Mount Vernon Road,Newark, OH 43055

Newark, OH 43055

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Description

Commercial real estate and established carryout business offered together in Newark, Ohio. Sale includes the commercial building, operating business, C1/C2 beer and wine permits, inventory, equipment, fixtures, and attached tenant space. Situated on approximately 0.45 acres with LC (Limited Commercial) zoning, the property offers flexibility for a variety of commercial uses. Located less than three minutes from Downtown Newark with convenient access to State Route 16 and the greater Columbus region. The property benefits from multiple revenue sources, including retail sales, beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop. The attached tenant currently occupies a portion of the building, creating an additional income stream. Located within Newark CRA #1 and Commercial TIF District 7-2, the property is positioned within an area experiencing significant public and private investment. Licking County continues to benefit from substantial economic growth driven by semiconductor manufacturing, advanced manufacturing, technology investment, housing development, and infrastructure improvements throughout the Silicon Heartland region. This offering presents an opportunity to acquire commercial real estate and an established operating business in one of Central Ohio's fastest-growing markets. Potential exists for continued operation, modernization, expanded product offerings, and long-term ownership of the underlying commercial real estate asset.

Details

MLS #226020023
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1953
Days On Site82
Listing Provided ByRed 1 Realty | Rudolph V Stefanitsis

Features

SQ Feet2,576
Story(s)1
Acreage0.23

Taxes

Property2747

Area Information

StateOH
CountyLicking
CityNewark
Zip Code43055
Community NameDowntown Newark
Listing VS Median (in Downtown Newark)
Price:
$499,900
low | high
Med:
$499,900
50% of Average
sqft:
2,576
low | high
Med:
2,576
50% of Average
$ / sqft:
$194
low | high
Med:
$194
50% of Average
On site:
82
low | high
Med:
82
100% of Average
Sourced by Back At You

Market Activity 43055

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Learn More About This Property

Tammy Marquardt

Tammy Marquardt

e-Merge Real Estate

2003020316 (614) 419-0611tammy.marquardt@e-merge.com
StateOH
CountyLicking
CityNewark
Zip Code43055
Community NameDowntown Newark
Listing VS Median (in Downtown Newark)
Price:
$499,900
low | high
Med:
$499,900
50% of Average
sqft:
2,576
low | high
Med:
2,576
50% of Average
$ / sqft:
$194
low | high
Med:
$194
50% of Average
On site:
82
low | high
Med:
82
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $624K
sqft: 1,500 - 3,000
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Listing Updated: August 10, 2026 at 3:36:35 PM PDT