1675-1699 Mount Vernon Road, Newark, OH 43055 (MLS# 226013418)

1675-1699 Mount Vernon Road, Newark, OH 43055

$6,200,000

Property Type: Multi-Family Lot Size (sq. ft.): 302,742 Status: Active

Current Price: $6,200,000 List Date: 4/23/2026 Last Modified: 4/23/2026

Overview

Description

North 13 Mini Storage & Field Pointe Townhomes and Storage Introducing 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 h ... (Read more)

Listing Details MLS# 226013418

Location Property Info

Original List Price: 6200000
Property Sub Type: Mixed Use
Street #: 1675-1699
Street Name: Mount Vernon
Street Suffix: Road
County: Licking
State: OH
Zip Code: 43055
School District: NEWARK CSD 4507 LIC CO.
Township: None

OfficeContract Info

MLS Entry Date: 2026-04-23

General Property Info

Number of Units: 220
# of Buildings: 15
Building Sqft: 20440
Year Built: 1991
Built Prior to 1978: No
Acreage: 6.95
Use Code: 402 - APARTMENT:20-39 UNITS

Tax Info

Parcel #: 096-292176-00.000
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 054-286554-02.001 054-286554-02.000
Tax Year: 2025
Tax Abatement: No
Taxes (Yrly): 19444

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

List Price/SqFt: 303.33
City (Mailing Addr): Newark
Corp LimitPerAuditor: Newark

More Information

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: North 13 Mini Storage & Field Pointe Townhomes and Storage Introducing 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.

Income/Expenses

Gross Income: 0
Net Operating Income: 0
Total Expenses: 0

Addl Acceptance Cond

None Known: Yes

Construction

Block: Yes
Brick: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Miscellaneous

Security System: Yes

Alternate Uses

Commercial: Yes
Office: Yes
Residential: Yes

New Financing

Other: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Construction: Block; Brick Water Source: Public Sewer: Public Sewer Miscellaneous: Security System Alternate Uses: Commercial; Office; Residential New Financing: Other MLS Primary PhotoSrc: Realtor Provided

Listing Office: Shai-Hess Commerical Real Estate, LLC

Listing Agent: Joseph Gebhart

Last Updated: April - 23 - 2026

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